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 [email protected]

Stock News for Petroleo Brasileiro (PBR)
DateTimeHeadline
01/13/201709:36:00Petrobras Texas Refinery Reports FCCU Shutdown For Tune-Up
01/11/201705:20:00Braskem to Sell QuantiQ for BRL500 Million to GTM Holdings
01/09/201720:39:00Petrobras Announces The Pricing Of Global Notes And Increase...
01/09/201707:55:00Petrobras Announces Offering Of Global Notes And Commencement...
12/24/201603:02:00Petrobras Wants Part of Settlement -- WSJ
12/23/201610:56:00Brazil's Petrobras Plans to Claim Part of Odebrecht's Anticorruption...
12/22/201603:02:00Brazil Giant Settles Bribery Case -- WSJ
12/21/201619:25:00Brazil's Petrobras Expects $1.6 Billion From Total Deal in Next...
12/21/201617:59:00Brazil's Odebrecht to Pay Up to $4.5 Billion to Settle Bribery...
12/21/201617:34:00Brazil's Petrobras Says Partnership With France's Total Worth...
12/21/201614:42:00Brazil's Odebrecht, Affiliate, to Pay at Least $3.5 Billion to...
12/21/201608:31:00Odebrecht to Pay $2.6 Billion to Settle Bribery Claims
12/17/201611:23:00Brazilian Ex-President da Silva and Son Indicted Over Alleged...
12/13/201608:40:00Brazil's Big Companies Hinder Its Brazil's Big Companies Hinder...
12/13/201607:44:00Petrobras Reports Compressor Problems at Texas Refinery
12/05/201618:20:00Brazil's Petrobras to Raise Gas and Diesel Prices
12/02/201614:52:00Oil Giants Set to Bid on Mexico's Deep-Water Oil Fields
11/24/201621:00:00Saudi Arabia Backs OPEC Push to Make Steep Oil Output Cuts
11/23/201620:20:00Brazil's Petrobras Settles More Individual Shareholder Lawsuits
11/23/201618:48:00Brazil's Petrobras Settles More Individual Shareholder Suits...

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US