Around the World's Markets: Sao Paulo

Wednesday 14 October 1998 00:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

BRAZILIAN shares closed up 1.39 per cent yesterday as investors priced stocks to match the strong gains made in overseas markets on Monday, when the Brazil market was closed for a holiday to honour its patron saint.

"Yesterday bourses everywhere gained, so the market here was left owing investors a rise," said Julio Ziegelmann, a fund manager at BankBoston Corp.

Sao Paulo's key Bovespa index closed at 6,618 points, closely matching Wall Street's Monday gain of 1.2 per cent.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Around the World's Markets: Sao Paulo

Join our commenting forum

Thank you for registering