Reuters: Hot Stocks: Shares of Brazil's OGX sink after bankruptcy filing

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Shares of Brazil's OGX sink after bankruptcy filing Oct 31st 2013, 13:26 SAO PAULO | Thu Oct 31, 2013 9:26am EDT SAO PAULO Oct 31 (Reuters) - Shares of Brazilian oil producer OGX Petroleo e Gas Participacoes SA fell as much as 35.3 percent on Thursday, the day after the company controlled by former billionaire Eike Batista filed for bankruptcy protection. Brazil exchange operator BM&F Bovespa said late on Wednesday that it would remove OGX from its benchmark Ibovespa stock index after Thursday's session but that the shares would continue to trade. At 11:22 a.m. local time (1321 GMT), shares of OGX were down 29.4 percent to 0.12 reais. (Reporting by Asher Levine; Editing by Gerald E. McCormick)

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