ADVFN - Advanced Financial Network.
HOME» NYSE » P » PBR Stock Price » PBR Stock News

Petroleo Brasileiro Share News

 Petroleo Brasileiro S.a. Stock Price
PBR Stock Price
 Petroleo Brasileiro S.a. Stock Chart
PBR Stock Chart
 Petroleo Brasileiro S.a. Stock News
PBR Stock News
 Petroleo Brasileiro S.a. Company Information
PBR Company Information
 Petroleo Brasileiro S.a. Stock Trades
PBR Stock Trades

Brazil's Ibovespa Up Slightly on Retailers, Consumer Stocks

By Paul Kiernan SAO PAULO--Brazilian stocks mostly loitered near their previous closing prices early in Tuesday's session, remaining slightly above eight-month lows as investors found little encouragement in the latest news. Around 11:30 a.m. EDT, Brazil's benchmark Ibovespa index of most-traded shares was up 0.2% at 53546 points. Retailer and consumer shares were among the top gainers, while industrial heavyweights lagged. Meatpacker Marfrig Alimentos SA (MRFG3.BR) was recently up 2.8% at 8.71 Brazilian reais ($4.30), retail chain Hypermarcas SA (HYPE3.BR) shares gained 2.3% at BRR10.95, brewer Ambev (AMBV4.BR) shares were ahead 0.6% at 72.85 and private-sector banking leader Itau Unibanco Holding SA(ITUB4.B4) shares traded 0.3% higher at BRR28.23. State-owned oil company Petroleo Brasileiro SA (PBR, PETR4.BR) shares were down 0.8% at BRR18.96, mining giant Vale (VALE, VALE5.BR) was off 0.2% at BRR35.95 and steelmaker Usiminas (USIM5.BR) shares gave back 2% at BRR8.00. Data released Tuesday in Brazil fell in line with recent signs that the economy is slowing. The National Confederation of Industries said Brazil's utilization of industrial capacity fell for the third-straight month in April, this time to 81.0%, as manufacturers struggled against problems ranging from higher consumer debt to a flood of cheap imports. HSBC Purchasing Managers' Index for the Brazilian private-services sector stood at 49.6 in May, indicating a contraction as input costs rose and client demand was weak. News from battered developed markets was a bit more upbeat, however, as the U.S. services sector unexpectedly picked up in May. But ING's local SulAmerica Investimentos said in a weekly outlook that it sees little opportunity for the Ibovespa to gain in the short term. "The pessimistic slope should linger in markets, fed by the development of the crisis in Spain and by signs of the U.S. and Chinese economies' progressive weakening," SulAmerica Investimentos said. -Write to Paul Kiernan at paul.kiernan@dowjones.com

Stock News for Petroleo Brasileiro (PBR)
DateTimeHeadline
02/05/201615:50:00Petrobras Is No Longer a Buy for Mobius
02/05/201615:40:00Petrobras Is No Longer a Buy for Emerging-Markets Investor Mobius
02/02/201617:49:40Pomerantz Achieves Significant Milestone in Petrobras Securities...
01/28/201618:24:00ADRs End Mixed; Royal Dutch Shell, Total Rise
01/28/201610:00:00Correction to Norway Oil Fund Puts Petrobras on Observation List...
01/28/201609:31:00Norway Oil Fund Puts Petrobras on Observation List
01/19/201607:10:00BTG Pactual's Net Profit Jumps 45% in Fourth Quarter
01/15/201617:36:00ADRs End Lower; China Southern Airlines, Royal Dutch Shell Trade...
01/14/201617:20:00Glitch Delays Cheniere's Natural-Gas Exports
01/14/201608:20:00Brazil's BTG Pactual Authorizes Talks to Sell BSI
01/12/201620:23:00Amid Weak Oil Prices, Pemex Touts Its Rock-Bottom Production...
01/12/201618:06:00ADRs End Higher; Shire Rallies
01/12/201614:17:00Brazil's Vale Will Draw $3 Billion From Credit Lines -- Update
01/12/201612:20:00BTG Pactual May Sell Stakes in Financial Services Companies
12/31/201510:40:00Itaú Scoops Up Pactual Stakes
12/28/201518:46:00ADRs End Mostly Lower; Oil Majors Decline
12/22/201519:20:00Oil Bettors Seek Safety in Proxies
12/15/201505:08:00Brazil's BTG Pactual Sells Portion of Holding in BR Properties
12/07/201518:02:00ADRs End Lower; Oil Majors Decline
12/05/201509:45:16National Oilwell Varco's Management Knows How, Not When, the...

Petroleo Brasileiro and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad