U.S. markets closed

iShares MSCI Brazil ETF (EWZ)

NYSEArca - Nasdaq Real Time Price. Currency in USD
Add to watchlist
38.01+1.00 (+2.70%)
At close: 4:00PM EDT
Full screen
Loading interactive chart...
  • MarketWatch

    Petrobras stock plunges after Brazil government pushes for replacement of CEO

    The U.S.-listed shares of Petroleo Brasileiro S.A. , known as Petrobras, plunged 20.4% in premarket trading Monday, after Brazil-based state-controlled oil and gas company disclosed that the government requested its chief executive be replaced. In a filing with the Securities and Exchange Commission, Petrobras said it received a letter from the Ministry of Mines and Energy, requesting the company replace CEO Roberto da Cunha Castello Branco with Joaquim Silva e Luna, an army general, amid complaints from Brazil President Jair Bolsonaro about price hikes for oil and gas. J.P. Morgan analyst Rodolfo Angele said the company's "fuel pricing dilemma" is not new, but represents an "intrinsic tension" and is a risk to the status quo at the company. The price hikes come as crude oil futures have run up 43.3% over the past three months while natural gas futures have rallied 6.6%. Over the same time, Petrobras shares have sank 11.8%, while the iShares MSCI Brazil ETF has gained 3.4% and the S&P 500 has advanced 9.3%.

  • Investopedia

    Brazil ETFs Poised to Move Higher in 2021

    Brazilian equities look set to benefit from a rotation into cyclical stocks as global growth returns. Here are two ETFs to watch.

  • Yahoo Finance Video

    Poverty in Brazil nears low due to COVID-19 stimulus: RPT

    Economist Daniel Duque joins Yahoo Finance’s Zack Guzman to discuss how Brazil's emergency stimulus relief for the coronavirus is reportedly helping combat poverty and inequality in the country.