The market value of Petrobras reached R$ 211.64 billion, last Friday (7) and, therefore, returned to the second-largest public company by market value in Brazil. The first was the Ambev, which, on the same day, reached R$ 307.53 billion and still become the largest company by market value in Latin America. The last time the company was the second largest company in the Brazilian market was on 18 June 2015. At the time, the market value of the company was R$ 185.44 billion, while the ITAUUNIBANCO reached R$183, 90 billion.

Also on Friday, the market value of ITAUUNIBANCO was R$ 211.61 billion. The evaluation was indicated in a survey of Economatica, system used by analysts who follow the stock market, bonds, the fund industry and various indicators in the United States, Argentina, Brazil, Chile, Colombia, Mexico and Peru.

According to Economatica, from January until the 7th of October, the market value of Petrobras has risen from R$ 110.3 billion, which is the third largest nominal value of the company. Most had occurred in 2007 when the company increased its market value at US$ 201.5 billion. The second highest value was in 2009. Economatica reported that, in percentage terms, in the period this year until October 7 was the highest growth recorded since 2000.

According to Economatica, in February 2016, Petrobras has become the fourth largest market value of the company following the Ambev, the ITAUUNIBANCO and Bradesco. The last time was ranked first among the largest listed companies by market value was on 15 October 2014. On that day, recorded R$ 254.44 billion. Ambev reached R$ 247.71 billion.

Among the Economatica System customers are, among others, fund managers, brokerage firms, investment banks, pension foundations and own social security systems.