(Bloomberg) -- Brazil's main stock index had its
biggest gain in a week after the central bank cut borrowing costs,
bolstering confidence in company profits.
The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange rose 601.36, or 1 percent, to a record 58,157.21. State-
controlled oil company Petroleo Brasileiro SA led the gains.
Mexico's Bolsa index also gained.
Read more at Bloomberg Stocks News
biggest gain in a week after the central bank cut borrowing costs,
bolstering confidence in company profits.
The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange rose 601.36, or 1 percent, to a record 58,157.21. State-
controlled oil company Petroleo Brasileiro SA led the gains.
Mexico's Bolsa index also gained.
Read more at Bloomberg Stocks News
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