(Bloomberg) -- Brazilian stocks climbed, pushing the benchmark Bovespa index above 50,000 for the first time, as export growth, a strengthening currency and falling interest rates attracted investors to the country's assets.
The Bovespa index of most-traded shares on the Sao Paulo exchange rose 746.68, or 1.5 percent, to 50,218.22. Iron ore miner Cia. Vale do Rio Doce paced the gain. The Morgan Stanley Capital International index of Latin American shares rose 1.9 percent to 3425.30, also a record.
Read more at Bloomberg Stocks News
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