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Showing posts with label Greek debt. Show all posts
Showing posts with label Greek debt. Show all posts

Tuesday, June 21, 2011

Latam stocks up after Brazil debt upgrade

SAO PAULO, MEXICO CITY, June 20 (Reuters) - Latin American
stocks rose on Monday after Brazil's debt was upgraded by
Moody's, although investors were cautious given concerns Greece
may struggle to convince Europe to give it more financial aid.

The MSCI Latin American index .MILA00000PUS edged up 0.47
percent, rising for the second session. The index bounced off
its lowest since September last week after fears deepened last
that a Greek debt default could spur a global financial
crisis.