Ibovespa’s Steady Gains in Brazil: Daily

By Ben Tavener, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – The Ibovespa or Bovespa Index, São Paulo Stock Exchange’s main index, has continued its steady uphill climb, pushing through the 61,000-point mark yesterday for the first time since July 2011. By close of business yesterday, the index had risen 1.78 percent on Tuesday's figure, to 61,722 points - an increase of over 1,000 points in the day.

The index lost over 18 percent last year, reaching a low of 47,793 in Subscribe to our Premium Membership Plan. Already Subscribed?