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
10/27/201416:37:41MARKET SNAPSHOT: Energy Stocks Sap S&P 500
10/27/201414:06:16MARKET SNAPSHOT: U.S. Stocks Retreat; Energy Stocks Sell Off
10/27/201411:51:27MARKET SNAPSHOT: U.S. Stock Retreat; Energy Stocks Sell Off
10/27/201411:47:43MARKET SNAPSHOT: U.S. Stock: Futures Fall; Focus On Fed
10/27/201411:40:15MARKET SNAPSHOT: Stock Futures Flatten After Weak German Data;...
10/26/201413:41:17Neves Shows 'Cautious' Confidence at Ballot Box
10/25/201418:24:39Final Polls Before Brazil Presidential Election Give Edge to...
10/24/201416:30:43Rivals in Brazil Vote Both Pledge to Kickstart Oil Sector
10/21/201418:31:31ADR Shares End Mixed; ARM Holdings Shares Trade Actively
10/16/201418:04:26ADR Shares End Mixed; Petrobras Shares Decline
10/07/201418:06:09ADR Shares End Mixed; Rio Tinto Shares Trade Actively
10/05/201420:02:54Brazil's Presidential Race Headed for Runoff -- 3rd Update
10/05/201419:27:11Brazil's Presidential Vote Looks Headed for Runoff -- 2nd Update
10/02/201408:27:16Dof Gets Contract For Skandi Hav Vessel From Petrobras
09/30/201418:03:23ADR Shares End Lower; America Movil, HSBC Shares Trade Actively
09/29/201417:44:48ADR Shares End Lower; Petrobras, Itau Unibanco Trade Actively
09/29/201403:47:20Dof's Skandi Santos Vessel Gets Five-Year Contract Extension
09/26/201420:04:31ADR Shares End Higher; Petrobras Shares Trade Actively
09/23/201418:17:35ADR Shares End Lower; AstraZeneca, Shire Shares Trade Actively
09/15/201405:10:00Aker Solutions Gets $465 Million Contract Offshore Brazil

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad