Marcelo Mesquita Quotations

Numbers that came out in the U.S. today showed the economy there is still growing, but at a slower pace. That could mean that the U.S. doesn't have to raise rates.

It is good because it shows the economy is not growing too quickly.

There's a general feeling of optimism over the fall in interest rates and that's helping to boost the value of shares.

There's a heavy flow to some telecom shares that are seen as cheap compared with other sectors.

At 14,000, I think you have local investors buying into the market.

The market went up quite a bit in the last two months and for the last two to three weeks had been trading sideways, looking for a reason to take profits.