Ibovespa opens higher thanks to help from China; Vale rises by more than 3%

Ibovespa opens higher thanks to help from China; Vale rises by more than 3%

This Monday the Ibovespa opened in the green, characterized by the rise of commodities such as iron ore and oil abroad, after China said it will adopt an “appropriately loose” monetary policy next year as part of measures to support economic growth.

At 10:09 am, the Ibovespa, the benchmark index of the Brazilian stock market, rose 0.73%, to 126,865.43 points, with Vale shares among the biggest gainers, with a gain of 3.31 %. The index futures contract with the shortest expiration, Dec. 18, advanced 0.75%.

Source: Terra

You may also like