Ibovespa Erases Decline as Petrobras Rallies to Eight-Month High

Benchmark gauge +0.5%, erasing decline of as much as 0.9%. * Petrobras +1.5%, highest since Nov. 25; JBS +5.2% * NOTE: Results from Datafolha and Sensus polls are delayed, Datafolha likely to be published tonight; results awaited for validation of recent stock market gains based on speculation

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