Petrobras atingiu valorização que ultrapassou os 33 bilhões reais nesta semana

Petrobras Reached Valuation Exceeding 33 Billion Reais This Week

Written by Paulo Nogueira

Published on 12/10/2018 at 08:49

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With Market and Investors Excitement, Petrobras Shares Rose 11% in the Second Week of October Recently

On Monday (8), after the election results, the euphoria was total in the stock market, where Petrobras’ market value increased by R$33.619 billion. According to the research from the financial information provider Economatica, the state-owned company ended the second worth nothing more nothing less than R$366.260 billion, which is about R$33.619 billion more in just three days.

Also on October 8 (Monday), the preferred shares rose about 11%, and the common shares advanced 9.5%, while the Ibovespa closed the session up 4.57%, at 86,083 points. With this, the state-owned company began the week with a high market value, also being the largest in Latin America and the United States in the trading session according to Economatica.

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Petrobras Reached Valuation Exceeding 33 Billion Reais This Week

With Market and Investors Excitement, Petrobras Shares Rose 11% in the Second Week of October Recently

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Petrobras Reached Valuation Exceeding 33 Billion Reais This Week

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China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

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