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The Bovespa stock index yesterday was the biggest decliner among the 20 largest markets and the most oversold since September 2001.
It officially entered the "bear" stage on 27 July...after plunging 20% from its November 12-month peak.
It rose slightly today...after sinking 5.7% yesterday to the 52,334 level...its lowest closing price since 17 July 2009.
