Football-mad Brazilians will put business on the backburner next month when Brazil defends its World Cup crown and competes for a record sixth championship title in Germany.
The Sao Paulo stock market Bovespa and the Brazil Federation of Banks plan to close two hours early on the days when Brazil play.
The main stock market in South America announced Saturday that on June 13 and 22, it would close transactions early "to allow employees, operators and investors to watch Brazil's matches."
And at the close of market operations on those days, there will be no "after-market" trading, Bovespa said in a statement.
The Brazil Federation of Banks announced Thursday it would curtail hours of operation on the days Brazil are playing.
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