Brazil’s stock markets react badly to Lula’s interventionist speech

Petrobras shares fall nearly 6% on opening day trade of 2023

New agenda: Brazil's new President Luiz Inacio Lula da Silva applauds during his inauguration ceremony at the National Congress in Brasilia
New agenda: Brazil's new President Luiz Inacio Lula da Silva applauds during his inauguration ceremony at the National Congress in BrasiliaPhoto: AFP/SCANPIX
Published 2 January 2023, 18:29Updated 6 January 2023, 12:26