South America hit hard by stock market falls

Continental stock index falls by more than 10 per cent amid fears investors may shun emerging markets.

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    The overall South American stock index has fallen by more than 10 per cent this week.

    Some analysts say the falls could signal that investors are now shifting away from the once hot emerging markets of the continent. 

    Al Jazeera's Gabriel Elizondo reports from Sao Paolo in Brazil.

    SOURCE: Al Jazeera


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