Tuesday, June 26, 2007

Brazilian Stocks Rise, Led by Eletrobras; Gerdau Gains on Expansion Plan

(Bloomberg) -- Brazil's main stock index gained for
the first time in three days, led by Centrais Eletricas Brasileiras
SA, as the approval of a nuclear power plant signaled government
support for infrastructure projects that will spur the economy.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange rose 201.88, or 0.3 percent, to 54,243.45 as of 12:27 p.m.
New York time.


Read more at Bloomberg Stocks News

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