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LatinNews Regional Monitor: Brazil & Southern Cone - 23 October 2019

In brief: São Paulo stock exchange reaches new record

* The index for Brazil’s São Paulo stock exchange (Ibovespa) has surged 1.28% and reached new records, closing the day at 107,381 base points, amid (later confirmed) expectations that the senate would pass the long-awaited pension reform. Ibovespa had already closed at a new record the previous day, driven by pension reform expectations and a favourable international scenario.

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