Brazil gunmaker Taurus' shares erupt as Bolsonaro eases gun laws
- Country:
- Brazil
Shares in Brazilian gunmaker Taurus Armas SA surged on Wednesday, the day after far-right President Jair Bolsonaro signed a decree to ease restrictions on gun imports and increase the amount of ammunition a person can buy.
Shares in the company were up around 20 per cent around midday on Wednesday at 4.5 reais per share.
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