(Bloomberg) -- Brazil's main stock index slid for the
second time in three days, led by state-controlled oil company
Petroleo Brasileiro SA, as oil prices dropped and the company
received a bill for $710 million in unpaid taxes.
The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange fell 551.49, or 1 percent, to 57,485.28 as of 11:08 a.m.
New York time. Petrobras accounted for one-fourth of the drop.
Read more at Bloomberg Stocks News
second time in three days, led by state-controlled oil company
Petroleo Brasileiro SA, as oil prices dropped and the company
received a bill for $710 million in unpaid taxes.
The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange fell 551.49, or 1 percent, to 57,485.28 as of 11:08 a.m.
New York time. Petrobras accounted for one-fourth of the drop.
Read more at Bloomberg Stocks News
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