Around the World's Markets: Sao Paulo
Wednesday 03 March 1999
The benchmark Bovespa index closed 128 points lower, or 1.38 per cent, at 9,070 points on light turnover of 309.5 million reals.
"Until now the stock market has been rising on the devaluation, but now the sharp devaluation has damaged credibility too much," said one trader.
Children's bookseller wins The Independent's new author search
Board creates magnetic field to achieve lift
- 5 Paralysed man Darek Fidyka walks again after treatment by British doctors on brink of 'cure'
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Residents should throw a street party and mix with immigrant neighbours, councils told
Russell Brand threatened with arrest after filming outside Fox News headquarters
London bus driver 'kicks gay couple off for kissing'
Jose Manuel Barroso warns David Cameron against making 'historic mistake' over immigration reforms
Worst Airports of 2014: Poll names Islamabad airport in Pakistan worst in the world
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