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Market Update: Bovespa Ends Week Higher
Brazils main stock index ended virtually flat at 122,593 on Friday, as investors weighed prospects of a global economic recovery against pandemic worries and falling commodities prices such as iron ore. BRF SA surged more than 16%, the most on the index, following rumours of an alleged merger with Marfrig. For the week, the benchmark Bovespa eked out a 0.6% gain. [/s2If]
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