SAO PAULO - The Brazilian stock market closed lower today, as the Ibovespa index faced a downturn due to growing concerns about the economic outlook. Investors grappled with a mix of global market pessimism and disappointing economic data from China, which contributed to the negative sentiment.
The Ibovespa, the benchmark stock index in Brazil, ended the day with a decline. According to recent reports, the index fell by 0.94% to 127,315 points. Another report indicated a decrease of 0.60%, with the index closing at 128,523 points. This discrepancy highlights the volatility that characterized the trading session.
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