markets signal brazilian recovery the brazilian stock market has risen to a record high as investors display growing confidence in the durability of the country s economic recovery.  the main bovespa index on the sao paolo stock exchange closed at 24 997 points on friday  topping the previous record market close reached the previous day. the market s buoyancy reflects optimism about the brazilian economy  which could grow by as much as 4.5% in 2004. brazil is recovering from last year s recession - its worst in a decade.  economic output declined 0.2% in 2003 and president luiz inacio lula da silva - elected as brazil s first working-class president in 2002 - was strongly criticised for pursuing a hardline economic policy.  investors have praised his handling of the economy as foreign investment has risen  unemployment has fallen and inflation has been brought under control. analysts believe the stock market will rise above the 25 000 mark for the first time before too long.  there should be more space for gains until the end of the year  somewhere up to 27 000 points   said paschoal tadeu buonomo  head of equities trading at brokers tov. brazil s currency  the real  also rose to its highest level against the dollar in more than two years on friday. although interest rates still stand at a punitive 17.25%  inflation has fallen from 9% to 7% while exports are booming  particularly of agricultural products.  for the first time in decades  we have all three economic policy pillars in line during a recovery   finance minister antonio palocci told the associated press news agency.  government accounts are in surplus  we have a current account surplus and inflation is under control.   investors were deeply suspicious of president da silva  a former trade union leader who campaigned on a programme of extensive land redistribution and a large rise in the minimum wage. however  mr da silva has stuck to an orthodox monetary policy inherited from his predecessor even in the face of last year s economic crisis. this has earned him the disapproval of rural farm workers  thousands of whom who took to the streets of brasilia on thursday to protest against government policies. president da silva has defended his policies  arguing that brazil cannot afford to continue the cycle of boom and bust which afflicted it in recent decades.
Ọja Ọja Brazil ni aṣẹ ipoṣẹṣẹ ti Brazil ti gbe de ipo tuntun, nigba ti awọn olumọja n ṣe aṣẹjuwe ipoṣẹṣẹ ti ipoṣẹṣẹ ti orilẹ-ede naa.  Ipo Bovespa ti o ga julọ lori Ọja Ọja Sao Paolo pari ni 24,997 awọn ẹka lori Friday, o si gbe ipo tẹlẹ ti o ga julọ ti Ọja Ọja ti a ṣe lana. Ipo Ọja Ọja ti o ga julọ ṣe aṣẹjuwe ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ ti ipoṣẹṣẹ