Published 19:31 IST, March 16th 2020
Brazil stocks plunge, trading halted in virus havoc
The Sao Paulo stock exchange plummeted 12.5 percent shortly after opening Monday, triggering a suspension of trading for the fifth time in a week as the coronavirus pandemic continued to roil global markets
- World News
- 1 min read
Reported by: Press Trust Of India
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The Sao Paulo stock exchange plummeted 12.5 percent shortly after opening Monday, triggering a suspension of trading for the fifth time in a week as the coronavirus pandemic continued to roil global markets.
The automatic circuit breakers that halt trading in case of sudden plunges in Latin America's biggest stock market have been getting a regular workout as the pandemic batters the Brazilian economy, which is closely tied to China's and highly sensitive to global market swings.
Updated 19:31 IST, March 16th 2020