lOvE iS In ThE aiR!!!!

Saturday, April 07, 2007

Aracruz, Arcelor, Petrobras, Tam and Vale: Brazil Equity Movers
(www.bloomberg.com) (Tuesday, 09 April 07)

I feel that the South America has already become one of the fastest growing markets in the world. Looking at the brazilian market, the stock index has been rising within these 2 years, due to heavy trading and the attraction of huge foreign investors such as Arcelor Mittal and VALE. Arcelor Brazil SA, one of the sub company under the world’s largest steelmaker company, Arcelor Mittal has been profiting from the rising market. Vale, the world's biggest nickel miner, stocks have been traded at record prices. Having such huge companies investing heavily in the south American markets, I believe the GDP would grow at least 8% this year.

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