October 20, 2008

Bovespa rises 8.36% in days of optimism in the markets

In a day of unusual quiet in the markets in recent weeks, the Bolsa de Valores de Sao Paulo (Bovespa) closed the trading session this Monday (20) with strong high. Tracking the movement of foreign grants, the Ibovespa, the main indicator of the Sao Paulo stock exchange, had recovery of 8.36% at 39,441 points - reaching the highest level since last Tuesday when close to 41,569 points.



With the outcome of this second, the Ibovespa's losses since the beginning of the year was reduced to 38.26% - on Friday, the losses reached 43%.

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