Thread: stock market of Brazil

this Monday the stock market of Brazil ended with a high price. index is increasing in a higher rate every week. what is happening? its not a good sigh for the economy. can any one describe this matter?

Brazil's main stock market index, the BOVESPA, rallied 716 points or 1.04 percent during the last 12 months. From 1976 until 2010 the BOVESPA market value averaged 18119.80 points reaching an historical high of 73516.81 points in May of 2008 and a record low of 0.00 points in February of 1976. This page includes: Brazil Stock Market Index chart, historical data and news.

what happened? was it the answer of my question? i don't understand your reply .. lol!! can you plz explain the reason of gradually increasing the rate of Brazilian share market?
thanks

The reason is that the Dollar is been devaluing day by day, due to the economical slowdown in American and European economies.

The prime rate of U.S.A., most of European countries, Japan, and other Asiatic countries are near zero, then the investors come to invest in Brazil, because Brazil is one of the emergents that better supported the current crisis, for the strong economical fundaments, for the increasing prices of commodities, for the excellent financial regulation, and because Brazil has one of the highest prime rates of the world. That´s the main reason.

Brazil survives from commodities. Yes, we have the best minerals, iron, metals, and now oil!

The quality of the oil of Brazil is much better than the Arabian oil producers.

The main companies which make the Bovespa Index raise are Petrobras (oil), Vale (Minerals), and Banks such as Itau, Banco do Brasil and Bradesco.

Brazil has been changing and very fast...Brazil is going to be the 4th or 5th highest economy of the world.

Today Brazil is the 8th.

Brazil's economy has been one of the most robust in the emerging markets, and the Brazilian stock market has reflected this strength. The major stock index in Brazil is the Bovespa.