Thursday, July 12, 2007

Latin Shares Rise on Metals Outlook, Led by Vale: Grupo Televisa Advances

(Bloomberg) -- Latin American stocks rose the most in
more than a month, led by mining company Cia. Vale do Rio Doce,
after Morgan Stanley raised its forecast for metals prices.

The Morgan Stanley Capital International index of Latin
American shares gained 2 percent to 3988.92 at 11:40 a.m. in New
York, the biggest gain since June 1. Indexes in Brazil, Colombia
rose more than 1 percent. Mexico's Bolsa index climbed 0.8 percent.


Read more at Bloomberg Stocks News

No comments: