Heading toward an 18-month high, Brazilian stocks gained today with news of a slower-than-forecast growth improving the likeliness that record low interest rates will not increase any time soon.
The biggest card-payment processors, Redecard SA and Cia. Brasileira de Meios de Pagamento, both gained after the news release. In morning trading, the Bovespa stock index gained 1.1 percent to 68,725.71.
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