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RIO DE JANEIRO, BRAZIL - After opening among losses and gains, the IBOVESPA picked up speed and soared on Wednesday afternoon, December 16th, closing the trading session close to 118,000 points for the first time since the start of the year.

The main index of the Brazilian stock market closed up 1.47%, at 117,857 points - the record for the year 2020 is 119,527 points, posted on January 23rd. At its peak yesterday the index reached 118,178 points. The financial volume totaled R$32.16 (US$6.2) billion in a session marked by the announcement of . . .

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