By Bruno Federowski
SAO PAULO, Jan 3 Brazilian stocks and currency
rose on Tuesday after stronger-than-expected Chinese economic
figures and higher oil prices boosted demand for
China's factory activity rose to a four-year high in
December, handily beating analysts expectations and helping lift
the Brazilian real back near 3.25 to the dollar.
The benchmark Bovespa stock index rose 3.5 percent,
reversing the previous day losses as shares of state-controlled
oil company Petróleo Brasileiro SA rallied.
Crude oil prices hit an 18-month high on Tuesday, buoyed by
hopes that a deal between major producers to curb production,
which kicked in on Sunday, will drain a global supply glut.
Colombia's peso strengthened 0.7 percent.
Financial stocks also ranked among the biggest gainers,
tracking a worldwide trend which also helped drive U.S. stock
Preferred shares in lender Itaú Unibanco SA added
the most points to the Bovespa index, while shares in Bradesco
SA reached their highest in seven weeks.
The Chilean peso, however, weakened around 0.5 percent in
its first trading day of the year, weighed down by retreating
Wider emerging markets also got a boost from the Chinese
factory data, but the Turkish lira hit a fresh record low,
pummeled by higher-than-expected inflation and security worries
after militant attacks.
Key Latin American stock indexes and currencies at 1525 GMT:
Stock indexes daily % YTD %
MSCI Emerging Markets 867.05 0.6 -0.05
MSCI LatAm 2381.25 2.35 -0.6
Brazil Bovespa 61693.21 3.53 2.43
Mexico IPC 46341.26 1.41 1.53
Chile IPSA 4172.53 0.51 0.51
Chile IGPA 20826.29 0.44 0.44
Argentina MerVal 17835.98 1.89 5.43
Colombia IGBC 10127.31 0.62 -0.01
Venezuela IBC 31216.51 -1.32 -1.54
Currencies daily % YTD %
Brazil real 3.2536 0.85 -0.14
Mexico peso 20.7740 -0.17 -0.14
Chile peso 673.5 -0.42 -0.42
Colombia peso 2979 0.76 0.76
Peru sol 3.372 -0.12 1.25
Argentina peso (interbank) 15.8925 0.33 -0.11
Argentina peso (parallel) 17 -0.06 -1.06
(Reporting by Bruno Federowski; Editing by Meredith Mazzilli)