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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (714)	9/22/2005 5:17:59 AM
From: elmatador	Read Replies (1) \| Respond to of 217656

Brazil stocks touch new high. Tiger? No! Jaguatirica! images.google.com Brazilian stocks touched a new high Wednesday on continued positive market sentiment about the country's economy and strong inflow of cash from foreign investors. NEW YORK -- Brazilian stocks touched a new high Wednesday on continued positive market sentiment about the country's economy and strong inflow of cash from foreign investors. The benchmark Ibovespa stock index rose 2.6% to 30837 points as investors continued to ignore a widening bribery and corruption scandal tainting the governing Workers' Party. Just before the market closed, Lower House speaker Severino Cavalcanti resigned amid allegations of receiving kickbacks from the operator of a congressional cafeteria concession. Earlier in the day, Brazil's Central Bank said the country posted a current account surplus in its overseas accounts of $822 million in August. Although down from $1.75 billion for the same month a year ago, the figure still showed strength in country's economy. Shares on the Bovespa were pulled higher by state-run oil company Petrobras SA (PBR: news, chart, profile) , which advanced 3.8% to 37.01 reals. Mining giant Vale Do Rio Doce (RIO: news, chart, profile) , or CVRD, soared 4.7% to 83.26 reals. Steelmakers Gerdau (GGB: news, chart, profile) and Usiminas also gained. While Gerdau gained 4.1% to 33.99 reals, Usiminas advanced 3.1% to 55.00 reals. Fixed-line phone company Telemar (TNE: news, chart, profile) rose 2% to 35.05 reals. Among utilities, Minas Gerais-based utility Cemig (CIG: news, chart, profile) rose 0.3% to 86.95 reals, while Sao Paulo utility CESP surged 3.9% to 13.30 reals. Meanwhile, buoyed by the strength in metal and energy stocks, Toronto's key benchmark advanced despite weakness in New York markets. The S&P/TSX Composite Index rose 0.5% to 10957.14. Overall, half of the TSX's 10 stock groups rose with the energy group and the materials gaining 1.3% each. The energy sector's strength reflected concerns that Hurricane Rita is intensifying as it approaches the oil refineries in Texas. In the group, EnCana, a big oil and gas producer, rose 2.60 Canadian dollars to C$65.10 and Imperial Oil, an intergrated energy company, finished up C$2.98 to C$134.00. In the materials sector, gold stocks performed well as the price of bullion rose in New York trading in response to a weak U.S. dollar. Among gold issues, Barrick Gold rose 75 cents to C$33.91, while rival Placer Dome gained 70 cents to C$19.90. In the base-metal group, Inco, a big nickel producer, rose C$1.01 to C$51.89 and aluminum producer Alcan climbed 50 cents to C$38.47. In the technology group, telecom-equipment vendor and group heavyweight Nortel Networks (NT: news, chart, profile) rose 5 cents to C$3.73 and Research in Motion (RIMM: news, chart, profile) , maker of the blackberry wireless device, gained C$1.18 to C$76.64. In Mexico, a 3.7% gain in the Class L shares of wireless communications carrier America Movil SA (AMX: news, chart, profile) led stocks to yet another record high. The market's key IPC index advanced 1.1% to 15734.41 as America Movil advanced to 13.63 pesos in heavy trading that represented over 20% of the session's activity. In other sectors, CPOs of cement maker Cemex (CX: news, chart, profile) rose 1.9% to 55.98 pesos amid continued expectations that the company will benefit from rebuilding efforts in U.S. states hit by Hurricane Katrina. Elsewhere, the Class V shares of retail leader Wal-Mart de Mexico continued to decline, losing 0.4% to 53.04 pesos after a 3.8% drop Tuesday.

To: TobagoJack who wrote (714)	9/22/2005 6:14:35 AM
From: elmatador	Read Replies (1) \| Respond to of 217656

Free traders of the Thread! The service providers have a yearly short window of opportunity to engage on their activity. The goods better and better. The consumers are eager! Do you think we are going to see a huge market??? NO!! "Two high-class brothels hoping to attract racers and pit crews in Sunday's Brazilian Grand Prix were shut down after they posted ..." Brazil brothel ads too racy for Grand Prix Reuters.uk, UK - 14 hours ago SAO PAULO, Brazil (Reuters) - Two high-class brothels hoping to attract racers and pit crews in Sunday's Brazilian Grand Prix were shut down after they posted ... Article blocked here!!