Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.945

-1.1%

3:59 PM EST

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To: Steve Fancy who wrote (1132)	3/6/1998 8:05:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Brazil shrs close up on rates glee, Wall St rally SAO PAULO, March 6 (Reuters) - Brazilian stocks closed sharply higher Friday boosted by Wall Street's bullishness and this week's steep cut in domestic interest rates, brokers said. Brokers said the short-term outlook for Brazilian stocks was good. Prices were expected to reach their pre-Asian crisis levels by the end of the month. Markets across the region plummeted last October and November after Asian markets melted dow. biz.yahoo.com

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