Shares of Eike Batista’s OGX oil firm sank 23.53 percent to a record low of 0.13 real at the close here Thursday, a day after it filed for bankruptcy protection. The rout prompted the Sao Paulo bourse to exclude the Brazilian magnate’s crippled company…
Advertisement Disclosure: When you purchase through our sponsored links, we may earn a commission from our partners. By using this website you agree to our T&Cs.
Brazil’s crippled OGX oil firm hits bottom (via AFP)
Our Editorial Standards
At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.
AFP
Editor
These article are syndicated from AFP via Repost.US and is posted here with permission. Copyright 2013 AFP. All Rights Reserved
These article are syndicated from AFP via Repost.US and is posted here with permission. Copyright 2013 AFP. All Rights Reserved
Related news
Must Read
New
How to Invest in Stocks in 2025 – Beginner’s Guide
Investing in stocks can be a great way to improve your overall wealth – but...
23 Min Read
Read now