(Bloomberg) -- Latin American stocks rose for a second
day, led by Banco Itau Holding Financeira SA in Brazil, on
speculation that falling interest rates in that country will boost
loan demand and economic growth.
The Morgan Stanley Capital International index of Latin
American shares rose 77.50, or 2.2 percent, to 3677.54 as of 1:35
p.m. in New York. The Bovespa Index of the most-traded stocks on
the Sao Paulo exchange rose 584.26, or 1.1 percent, to 52,913.94.
Read more at Bloomberg Stocks News
day, led by Banco Itau Holding Financeira SA in Brazil, on
speculation that falling interest rates in that country will boost
loan demand and economic growth.
The Morgan Stanley Capital International index of Latin
American shares rose 77.50, or 2.2 percent, to 3677.54 as of 1:35
p.m. in New York. The Bovespa Index of the most-traded stocks on
the Sao Paulo exchange rose 584.26, or 1.1 percent, to 52,913.94.
Read more at Bloomberg Stocks News
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