Political turbulence causes a stock market drop of 2.31%

13/02/2004 - 18h18

São Paulo, 2/16/2004 (Agência Brasil - ABr) - The São Paulo stock market had a nervous day on Friday following the announcement of corruption charges against Waldomiro Diniz, the government's top liaison to Congress. Diniz was immediately fired but there was damage.

At one point, the São Paulo stock market plunged 4%, but managed to recover some ground and close out the day down 2.31%. (AB)

| Compartilhar