Petrobras stock skyrockets on closer-than-expected Brazil presidential elections

Brazilian President Jair Bolsonaro outperformed expectations in the first round

Hopeful: Brazil’s president and presidential candidate Jair Bolsonaro. — Hopeful: Brazil’s president and presidential candidate Jair Bolsonaro.Photo: REUTERS/SCANPIX

Fabio Palmigiani

Rio de Janeiro

Published 3 October 2022, 16:45Updated 4 October 2022, 17:29

Brazil Petrobras Luiz Inacio Lula da Silva Jair Bolsonaro Eurasia Group