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Brazil stocks trading even

Brazil stocks trading even

Brazil's stocks are trading even, with investors tracking slight overseas gains but being soured by a dismal industrial production report.
The Ibovespa stock index is down 0.1 percent to 50,371 an hour into trading Tuesday.
Brazil's national statistics agency is reporting that March industrial production is down 10 percent from March 2008, and up only 0.7 percent from February 2009.
Shares of state-run oil company Petroleo Brasileiro SA were down 0.1 percent after several days of gains on bolstering oil prices.
Shares of Companhia Vale do Rio Doce SA _ the world's biggest producer of iron ore _ slipped 0.6 percent.


Updated : 2021-06-25 20:10 GMT+08:00