Paulo Stock Exchange

On the other hand, the balance accumulated in the year until April continues the same below of the visa in period of 2008. Between January and April, the flow of investments right-handers for the productive sector was of US$ 8.751 billion, fall of 31% in relation to first the four months of 2008. The May data indicated, until yesterday, the liquid ingression of US$ 2,5 billion. Of the side of the applications in the financial market, the high one was stronger. In the passed month, the foreign investments in action in the Stock market had been of US$ 630 million, and in this month, according to closed partial data yesterday, already 2,365 billion arrived the US$. In case that it does not have a bigger exit of resources until the end of the week, the May result will be optimum already registered for the BC since April of the last year. The numbers calculated for the BC if relate the resources that had entered and effectively left the country because of operations with action, and differ from the rockings made for the So Paulo Stock Exchange because, in this in case that, the Stock market only considers operations where foreign they had bought or they venderam action, without, necessarily, entering or leaving the country. The numbers of the market of fixed income also seem to confirm the return of the foreign investors to the country.

In the segment, the applications had only added US$ 66 million in April, but 811 million in partial of this the month arrive the US$. For the WestLB, the increase in the foreign investments must be remained for the next months, thanks to a bigger confidence of the markets in Brazil. It says not to believe that the level of the tax of interests of the country is a very determinative factor in the biggest ingression of dollar.