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IBOVESPA Cuts Losses to 12 Percent and Pulls Away From Second Halt

RIO DE JANEIRO, BRAZIL - The Brazilian stock market was once again in decline after trading was halted at 1:18 PM, when the IBOVESPA, the B3's main stock index, dropped by 10.26 percent. The downtrend occurred amid another wave of global pessimism regarding the economic impacts of the Covid-19 coronavirus pandemic.

This was the sixth time that the circuit breaker was triggered in Brazil since last week. It interrupts . . .

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