The Brazil Board Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Brazil Board

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Julius Wong	3/29/2011 10:37:42 PM
	1 Recommendation Read Replies (3) of 2504

Brazilian stocks are at their cheapest relative values since 2009, prompting Van Eck Associates and Thornburg Investment Management to buy builders and retailers on bets a year of higher interest rates is ending. The 69-share Bovespa index, heading for its worst first- quarter performance since 2008, trades at 10.7 times analysts’ current-year earnings estimates compared with 11.5 times for MSCI Inc.’s Emerging Markets Index, weekly data compiled by Bloomberg show. The discount reached 10 percent last month, the widest level since March 2009, after Brazil’s measure traded at a premium of as much as 7.6 percent in July. bloomberg.com;

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next