Brazil's stocks are up on news of China's economic stimulus package.The Ibovespa stock index is up 5.3 percent at 38,635 in early trading Monday.
Investors in Brazil and other emerging economies were lifted by China's plan to spend $586 billion to stimulate its economy.
China is a major destination for Brazil's exports.
News of China's stimulus package came as economic officials from 20 leading nations met in Sao Paulo, calling for increased government spending to spark economies.
Meanwhile, Brazil's currency _ the real _ was steady at 2.1 to the U.S. dollar.
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