Brazilian Stock Markets Sluggish After Petrobras Dividend Announcement Rekindles Fears of Government Intervention

Brazilian Stock Markets Sluggish After Petrobras Dividend Announcement Rekindles Fears of Government Intervention

Yahoo Finance

Petroleo Brasileiro SA weakened as much as 1.1% on Friday. The benchmark Ibovespa equity index fell the most since September. Analysts from Bank of America Corp. and Banco Santander SA rushed to remove their buy-equivalent ratings.

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