Petrobras shares, traded in NY, plummet 5% as oil falls

Representations of Petrobras shares, traded on the New York Stock Exchange, fell more than 5% on Thursday morning (11), following the fall in oil prices in the international market. The asset (PBR.A), which is equivalent to the preferred shares of the state-owned company, depreciated 3.82% to US $ 8.19. The (PBR), which corresponds to the common shares, fell 5%, to $ 8.40.

Source: Money Times