Ibovespa Rises for Fifth Week as Petrobras Follows Crude’s Gain

  • State-owned oil producer advances to highest in one year
  • Utility Cesp rises most since 2008 amid privatization talks

Brazil Is Unraveling Before Our Eyes

The Ibovespa posted its fifth consecutive weekly advance as state-controlled oil producer Petroleo Brasileiro SA followed gains in oil prices.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.