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NYSE:AXIA 10 November 2025

Axia Energia debuts AXIA3; court declares Oi bankrupt; Kepler Weber gets R$11 offer — Brazil market wrap (Nov 10)

Axia Energia debuts AXIA3; court declares Oi bankrupt; Kepler Weber gets R$11 offer — Brazil market wrap (Nov 10)

Oi was declared bankrupt by the 7th Business Court of Rio de Janeiro; telecom services will continue temporarily under court supervision as assets are liquidated. Axia Energia began trading under new tickers on B3 and NYSE, with AXIA3 rising 1.84% by mid-morning. Kepler Weber received a non-binding R$11 per share offer from GPT, a 48.3% premium to the 60-day VWAP.
10 November 2025
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Stock Market Today

  • Scotia Capital Highlights Canadian Energy Stocks Amid Oil Price Uncertainty
    March 20, 2026, 6:19 PM EDT. Scotia Capital Markets analysts led by Kevin Fisk advise investors to focus on Canadian energy stocks with above-average yields amid uncertain oil and natural gas prices. Their list includes Cenovus Energy, Whitecap Resources, and Ovintin Inc. for oil, priced conservatively around US$71 per barrel compared to West Texas Intermediate's actual US$95 level. On the defensive side, Freehold Royalties and PrairieSky Royalty are favored. In natural gas, top picks are Topaz Energy, Spartan Delta, Peyto Exploration, and Expand Energy, each noted for strong margin profiles or growth potential. Vermilion Energy offers access to the European gas market, adding geographic diversity. Scotia's picks aim to balance upside potential and risk amid volatile commodity markets.
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