Shares of Brazil's OGX sink after bankruptcy filing
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)