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for 02/08/2010
(last updated 7:30am EST 02/08/2010)
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Petrobras loses 6.84% of market value in one day
From: Business - People's Daily Online
Category: Business
02/06/2010 (1 d 16 h ago)
Brazil's state-run oil and gas giant Petrobras has lost 6.84 percent of its market value when Ibovespa, the index of the Sao Paulo Stock Exchange, experienced its severest fall in four months.

Petrobras' market value shrank by 11.9 billion U.S. dollars, the biggest loss of all companies in Latin America and the United States, to 162.7 billion U.S. dollars on Thursday, said Economatica, a large consulting company.

Petrobras' preferential stocks fell by 5.11 percent during the day, closing a ...
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