🔴 Braskem is trading 9.93% down today after UBS cuts rating to Sell

Braskem is trading at BRL 4.81 (-9.93%) after UBS downgraded it to Sell.

• The downgrade came on September 16, citing persistent petrochemical spread pressures and restructuring challenges.
• UBS cut its local-share price target to BRL 3.75 from BRL 10.50.
• The downgrade is the clearest company-specific catalyst; broader markets are not showing a comparable selloff.