By Allen Wan
Nov. 5 (Bloomberg) -- Brazilian stocks rose for a third day after Vivo Participacoes SA and Gerdau SA reported profit that exceeded analyst estimates, signaling an earnings recovery in Latin America’s largest economy.
The Bovespa index rose 0.4 percent to 64,136.10 at 8:42 a.m. New York time. Gerdau climbed 2.6 percent to 28.21 reais. Vivo advanced 3.2 percent to 47.66 reais.
To contact the reporter on this story: Allen Wan in New York at awan3@bloomberg.net
Posts
No comments:
Post a Comment