Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.800

-3.1%

Dec 2 3:59 PM EST

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To: Steve Fancy who wrote (1270)	3/20/1998 5:20:00 PM
From: Steve Fancy	of 22640

Brazil shares end higher after Wall Street rises SAO PAULO, March 20 (Reuters) - Brazilian shares ended higher on Friday, led by second-tier and power-sector stocks, as Wall Street's strong rise prompted a halt to profit-taking and helped boost local prices ahead of the close, brokers said. <snip> Brokers said a wave of afternoon profit-taking, focused heavily on benchmark Telebras preferred (TEL_p.SA), came to a halt as Wall Street stocks started to rise, enabling the Sao Paulo market to end the week on a positive note. <snip> biz.yahoo.com

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