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Май
2023

Brazil: Magazine Luíza retailer’s losses bring down Stock Exchange

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The Ibovespa, the main index of the Brazilian Stock Exchange (B3), ended the session on Tuesday, 16, down 0.77%, at 108,000 points. The fall was driven by the devaluation of the shares of  Magazine Luíza retailer (-22%) and the fear of the market concerning the change in the pricing policy of Petrobras. Magazine Luíza reported […]



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