SAO PAULO Dec 29 Brazilian stocks posted their
best yearly performance since 2009 as hopes that President
Michel Temer will enact fiscal reforms boosted demand for shares
from Latin America's biggest economy.
Brazil's benchmark Bovespa stock index provisionally
closed 0.65 percent higher on Thursday at 60,172, extending
gains to 38.8 percent in 2016. The country's financial markets
will not open on Friday ahead of the New Year holiday.
(Reporting by Bruno Federowski; Editing by Meredith Mazzilli)