(Bloomberg) -- Brazil's stock market rally may wane
unless the government passes tax and labor legislation to
improve investment conditions in the country, the president of
the Sao Paulo stock exchange said.
The benchmark Bovespa stock index's more than 100 percent
surge over the past two years has been supported by excess cash
held by international funds, Bovespa President Raymundo Magliano
Filho said in an interview.
Read more at Bloomberg Stocks News
unless the government passes tax and labor legislation to
improve investment conditions in the country, the president of
the Sao Paulo stock exchange said.
The benchmark Bovespa stock index's more than 100 percent
surge over the past two years has been supported by excess cash
held by international funds, Bovespa President Raymundo Magliano
Filho said in an interview.
Read more at Bloomberg Stocks News
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