Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping
English websites of Chinese embassies




Home >> Business
UPDATED: 11:42, March 03, 2007
Brazilian stocks down almost 8 percent this week
font size    

Stocks at Sao Paulo Stock Exchange (Bovespa) fell by 7.92 percent this week.

On Friday, Bovespa benchmark index was down 2.64 percent, reaching 42,369 points. According to Bovespa press office, 4.48 billion reais (2.11 billion U.S. dollars) were negotiated in the Brazilian stock market on Friday.

On Tuesday, Bovespa registered its biggest fall in five years, 6.63 percent. As tension became global, threats of economic recession in the United States and a rise in the price for the Japanese yen contributed to another significant fall on Thursday and on Friday.

Brazil's Minister of Development, Industry and Foreign Trade Luiz Fernando Furlan said on Friday that the crisis can represent a good opportunity of investment in assets of Brazilian companies, which were not affected by the turbulence in the international market.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
Dic

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Versions:
Copyright by People's Daily Online, all rights reserved