The Brazilian stockmarket has risen once more, creating a sixth week of rises and signalling the longest upward trend in 11 months.
The incline follows news that the economic outlook for Brazilâs two biggest trade partners, China and the US, has been boosted.
Alongside one of the country's major banks, Banco Bradesco SA, leading a rally of financial stocks, Brazilâs state-controlled oil company, Petroleo Brasileiro SA, also bounced back from a 19-month low.
Brazilian card acquirer Cielo SA also advanced after Goldman Sachs Group Inc. recommended buying the stock.
