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Markets

Stocks fall 3.33 percent in Sao Paulo

SAO PAULO : Stocks on the Sao Paulo exchange fell 3.33 percent at the open Tuesday, following the downward plunge in
Published Updated

 SAO PAULO: Stocks on the Sao Paulo exchange fell 3.33 percent at the open Tuesday, following the downward plunge in other international markets over the Greek debt crisis.

The Ibovespa, the Sao Paulo market's main index, opened at 56,395 points, down from Monday's close of 58,338 points, the exchange said.

The Brazilian real traded at 1.7575 to the dollar Tuesday, down 3.56 percent from Monday's close of 1.6926 to the dollar.

 

Copyright AFP (Agence France-Presse), 2011

 

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