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Lula Win Sinks Petrobras and Brazilian Real

Petrobras shares crash over 10% after Lula da Silva wins Brazil's presidential election, defeating Flavio Bolsonaro.

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Key points

  • Petrobras $PBR crashed over 10% after Lula da Silva won Brazil's presidential election, defeating Flávio Bolsonaro.
  • The Brazil ETF $EWZ opened overnight trading down by almost 20%.

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Original post

Watcher.Guru @WatcherGuru 4.9M followers

JUST IN: 🇧🇷 Brazil's largest oil company Petrobras $PBR crashes over 10% after Lula da Silva wins Brazil's presidential election, defeating Flávio Bolsonaro. https://t.co/mRcLqP0UwI
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What others are saying

2 more
  1. Evan @StockMKTNewz 914

    The Brazil ETF $EWZ opened overnight trading down nearly 20% after Lula won the runoff election.

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  2. zerohedge @zerohedge 300

    Societe Generale says Brazil's real may fall 8% to 10% after Lula's election victory.

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From @TheStockUp_, @fiatarchive, @Nebraskangooner and others. Spam removed, with English and Chinese translations.

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