🟢 Petrobras is trading 8.2% up today amid reaction to Flávio Bolsonaro's stronger-than-expected first-round result

Petrobras is trading 8.19% up at BRL 55.36, with the move appearing to reflect the broad election-driven Brazilian market rally.

• On October 5, Petrobras rose just over 8% after Flávio Bolsonaro's better-than-expected first-round election result; investors anticipated tighter public spending, privatizations and tax cuts under a Bolsonaro-led government.
• The Bovespa gained 7.7% to a record close that day, and Petrobras was among the gainers; no Petrobras-specific announcement was reported.