Around the World's Markets: Sao Paulo
BRAZILIAN share prices fell into negative territory last night in a round of profit-taking that followed a rise of almost 4 per cent earlier in the session. The market grew nervous when government-backed institutions appeared to stop buying after an early flurry of activity which coincided with the release of the long-awaited fiscal package, traders said.
The Bovespa index of leading shares closed 0.62 per cent lower at 6,827 points in moderate volume of 583 million reals.
News Analysis, page 21
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies