Ultrapar Participacoes SA (UGPA3.SA)
R$ 0.16 (+0.37%)
|Market Cap(Mil.):||R$ 23,836.39|
By Bruno Federowski BRASILIA, Aug 2 Brazilian stocks advanced on Thursday on the heels of rising prices of crude and U.S. equities, while shares of Ultrapar Participações SA soared after the fuel distributor announced a dividend payout. The benchmark Bovespa stock index was up 0.5 percent, outperforming other regional equity indexes, which were either flat or lower. The move upward tracked gains in U.S. stocks after Apple became the first $1 trillion publicly listed
RIO DE JANEIRO Brazil's Petroleo Brasileiro SA is reviewing options to divest Liquigas Distribuidora SA, its liquified petroleum gas (LPG) distribution unit, and still plans on exiting the segment, the state-controlled oil company said on Friday.