Banrisul, Bolsa, Colbun, Isagen, Masisa: Latin America Equity Preview

The following companies may have unusual price changes today in Latin American trading. Stock symbols are in parentheses and share prices reflect the previous close.

The MSCI Latin America Index dropped 0.3 percent to 4,686.86. In Brazil, preferred shares usually are the most- traded class of stock.

Brazil

Banco do Estado do Rio Grande do Sul SA (BRSR3 BS): The Brazilian bank known as Banrisul is scheduled to report earnings before the market opens, according to data compiled by Bloomberg. The shares rose 3.3 percent to 16.00 reais.

Even Construtora e Incorporadora SA (EVEN3 BS): The Brazilian homebuilder is scheduled to report earnings before the market opens, according to data compiled by Bloomberg. Even declined 0.2 percent to 9.88 reais.

Chile

Colbun SA (COLBUN CI): Chile’s third-largest power producer by installed capacity reported third-quarter profit of $19.3 million. Net income fell from $24 million a year earlier, according to data posted on the website of Chile’s securities regulator. The average estimate of four analysts surveyed by Bloomberg News was for quarterly profit of $4.8 million. Colbun climbed 0.1 percent to 136.02 pesos.

Masisa SA (MASISA CI): The Chilean wood-panels maker had third-quarter profit of $13.4 million, down from $17.2 million a year ago, according to data posted on the website of Chile’s securities regulator. Masisa fell 1.2 percent to 82 pesos.

Colombia

Isagen SA (ISAGEN CB): The Colombian state-controlled power producer said third-quarter profit slumped 90 percent to 9.3 billion pesos ($5.1 million) as costs rose. Isagen slipped 0.2 percent to 2,625 pesos.

Mexico

Bolsa Mexicana de Valores SAB (BOLSAA MM): OHL Concesiones Mexico SA, the unit of Spanish construction company Obrascon Huarte Lain SA, set Nov. 10 for the pricing of its initial share offering. Bolsa, the operator of the nation’s securities exchange, rose 0.4 percent to 22.04 pesos.

To contact the reporter on this story: Alexander Cuadros in Sao Paulo at acuadros@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at dpapadopoulos@bloomberg.net

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