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  • The Sao Paulo stock exchange plunged more than five percent Thursday on fears over the economic impact the new coronavirus outbreak will have on Brazil, whose largest trading partner is China. The Ibovespa index plunged more than six percent before recovering to trade down 5.45 percent around an hour before closing. Airline stocks were hit particularly hard, with carrier Gol down 18 percent. bur-jhb/it
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  • Brazil stocks plunge more than 5% on coronavirus fears
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