We are taking a short break, but we will be back next week. Stay tuned!
|Bid||10.76 x 29200|
|Ask||10.83 x 21500|
|Day's Range||10.71 - 10.93|
|52 Week Range||6.16 - 12.07|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||6.16|
|Forward Dividend & Yield||0.62 (5.72%)|
|Ex-Dividend Date||Aug. 17, 2021|
|1y Target Est||N/A|
Petrobras (PBR) closed at $10.93 in the latest trading session, marking a -1.09% move from the prior day.
(Bloomberg) -- Brazilian President Jair Bolsonaro said Thursday that he wants to privatize Petrobras, the state-controlled oil company that is under political pressure to lower fuel prices. Most Read from BloombergThe World’s Rich and Powerful Are Stashing $500 Billion in This Tax HavenWhat Comes After GE’s 129 Years of Greenhouse GasWhat the Front Line of the U.S. Abortion Fight in Kentucky Looks Like NowShares of Petroleo Brasileiro SA, as the Rio de Janeiro-based producer is known, extended a
* Real the sole gainer in Latam * Chile's peso flat after rate hike rally * Petrobras up as Bolsonaro considers privatization By Ambar Warrick Oct 14 (Reuters) - Brazil's real rose on Thursday as data showed service sector activity grew more than expected, while most other Latin American currencies were muted as U.S. economic data fed bets on early tapering by the Federal Reserve. The real added 0.2% and was the sole gainer in Latin America, recovering from near six-month lows after services activity grew 16.7% in August from last year, indicating some resilience in the economy. "We expect some of the COVID impacted services sectors to recover further in coming months in tandem with further progress on the COVID vaccination program, reopening of the economy, and renewed fiscal stimulus," Goldman Sachs analysts wrote in a note.