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The São Paulo Stock Exchange has set the circuit breaker trigger for a one-day decline at 20% (Ibovespa), applicable exclusively for October 6 trading session.
Should the Ibovespa index decline to this level, this will trigger the circuit breaker mechanism and trading shall be suspended till 4:30 p.m. Trading will then resume for a 30-minute session, through 5 p.m., during which the circuit breaker will not be triggered.
