Braskem is trading at BRL 3.20, down 5.04%, with debt-restructuring talks still unresolved.

  • On October 29, Braskem said no final terms had been reached; discussions continued, with an agreement-in-principle deadline of October 30.
  • Creditors and shareholders differed over proposals to restructure roughly US$11 billion in debt; reporting does not establish these talks as the direct cause of the session’s decline.
  • U.S. index moves were mixed and do not clearly explain the move.