Brazil Stocks Decline as Petrobras Slump Overshadows ValuationsBy
State-controlled company falls with crude near 12-year low
Financial stocks including Itau attract long-term investors
Brazil’s stocks posted its biggest five-day slump in more than a year as state-controlled oil producer Petroleo Brasileiro SA tumbled amid a drop in crude prices and a cut in output and spending.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.