Brazilian Stocks Finish Higher; Bovespa Gains 0.28% on Strength in Financials, Telecoms and Consumption
The Bovespa closed up 0.28% in Sao Paulo as gains in financials, telecommunications and consumer-related names pushed the benchmark higher. Petroleo Brasileiro SA ordinary and preferred shares recorded strong advances with PETR3 hitting a five-year high and PETR4 reaching an all-time high, while Raizen SA preferred shares plunged to record lows. Ma…