Petrobras is trading at BRL 58.60 (-10.18%) amid a broader Brazilian asset sell-off following Luiz Inácio Lula da Silva’s surprise reelection. - Reports say investors are concerned about Brazil’s fiscal outlook and potential for greater state influence over companies including Petrobras. - Bradesco BBI cut its Petrobras preferred-share price target, citing higher expected interest rates and cost of equity after the election. - Trading volume or activity data was not provided.