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Home » EMERGING MARKETS-Latam assets start last week of 2023 positively on rate-cut bets, Bovespa at all-time high

EMERGING MARKETS-Latam assets start last week of 2023 positively on rate-cut bets, Bovespa at all-time high

    * Brazil's Bovespa index touches fresh highs * Latam stocks index at highest since April 2022 * Oil company Enauta rise over 9% on $150 mln deal * Shopping mall operator Allos rises 1% * Stocks up 1.3%, FX adds 0.5% (Updated at 3:30pm ET/2030 GMT) By Siddarth S and Lisa Pauline Mattackal Dec 26 (Reuters) – Latin American currencies and stocks entered the last week of the year with vigor as rising oil prices bolstered markets in the region's top crude exporters, while Brazil's Bovespa stock index continued its strong run, setting a fresh all-time high. The MSCI's index tracking Latin American stocks was up 1.3%, touching its highest level since April 2022, while a basket of regional currencies was up 0.5% against the dollar.

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