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Factors Driving IBOVESPA Up 4.7 Percent and the Dollar Down Two Percent to R$5.72

RIO DE JANEIRO, BRAZIL - The IBOVESPA Index closed up 4.69 percent on Monday, May 18th to 81,194 points, reaching its highest level since April 29th, when the main B3 index closed the trading session at 83,170 points. It was also the stock market's highest daily gain since April 6th, when it was up 6.52 percent.

The day's trading volume totaled R$34.235 billion. On Monday, the maturity of stock options turned over R$7.5 billion in the B3 and increased the trading session's volatility.

The commercial dollar dropped 2.03 percent . . .

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