Monday, July 23, 2007

Brazil Stocks Gain, Led by Vale do Rio Doce, CSN; Airlines Gol, Tam Fall

(Bloomberg) -- Brazil's main stock index rose for the
second time in three days, led by steel and mining companies, on
speculation that diversification will boost their profits.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange added 305.90, or 0.5 percent, to 57,748.64 as of 11:43
a.m. New York time. Cia. Vale do Rio Doce, the world's biggest
iron-ore producer, led the gains.


Read more at Bloomberg Stocks News

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