PETROBRAS is trading 8.17% up at BRL 55.35, amid a sharp Brazilian equities rally after the first-round election.
- Petrobras confirmed another oil-bearing interval at the Morpho exploration well offshore Amapá; testing and evaluation are ongoing.
- Investors responded to expectations of fiscal discipline and reform, while oil and currency tailwinds also supported the broader move.
- The discovery is relevant company news, but reporting does not establish it as the sole driver.