May 31, 2013 / 6:26 PM / 6 years ago

Brazil stocks falls more than 2 pct, economic growth concerns

SAO PAULO, May 31 (Reuters) - Brazil’s benchmark Bovespa stock index fell by more than 2 percent on Friday, led lower by construction companies in the first day of trading since Wednesday’s larger-than-expected interest rate hike by the central bank.

Investors are looking at a scenario of low growth and high inflation in Brazil and reducing their bets on the Bovespa. At 3:15 p.m. (1815 GMT), the Bovespa was down 2.08 percent at 54,496.

Markets were closed Thursday for a national holiday.

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