Ibovespa Climbs as Government Moves to Limit Spending IncreasesBy
Lender Banco do Brasil leads financial companies’ advance
Petrobras, Vale lead producers’ rally on commodity advance
The Ibovespa rose from its lowest level in almost two weeks after the government signaled stepped up efforts to trim a budget deficit, fueling optimism that lawmakers will support measures aimed at restoring the country’s finances.
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