Brazil Bovespa Rises to Record, Led by Vale, on U.S. and Asian Expansions

(Bloomberg) -- Brazil's main stock index rose to a
record, led by mining company Cia. Vale do Rio Doce, on speculation
growth in the U.S. and Asia will boost demand for the country's
commodity exports.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange rose 539.54, or 1 percent, 54,931.60 as of 11:30 a.m. New
York time, eclipsing its June 18 high.


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