Trading was kind of sideways today, confirming yesterday's rise. The perception is that prices (of Brazilian shares) in dollar terms are very cheap.
More Quotes from Luiz Prudencio:
The PFL has hardened its stance and people are scared it will delay passage of the CPMF through the Senate.Luiz Prudencio
These were names the market knew and it was good news.
Luiz Prudencio
The market continues depressed with no positive news coming out from within Brazil nor outside. This financial help for Argentina bought them time, but the structural problems continue.
Luiz Prudencio
It is bad as it creates instability in the government.
Luiz Prudencio
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