Compartamos, Fleury, Petrobras: Latin America Equity Preview

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

The MSCI Latin America Index declined 0.9 percent to 4,457.30.


Banco do Brasil SA (BBAS3 BS): Latin America’s biggest bank by assets will receive 7.5 billion reais ($4.4 billion), or 50 percent of the surplus from a reserve fund that belongs to Previ, the pension fund for the bank’s employees, according to a an e- mailed statement. The shares declined 0.4 percent to 31.05 reais.

Fleury SA (FLRY3 BS): The provider of medical services signed a memorandum of understanding to acquire Labs D’Or, a medical laboratory network in Brazil, for 1.04 billion reais, according to a regulatory filing. The stock gained 0.6 percent to 25 reais.

Petroleo Brasileiro SA (PETR4 BS): Brazil’s state- controlled oil company said a new well in the area of its Tupi and Iracema fields confirm potential estimates for light oil in the pre-salt deposits. The 3-RJS-677A well is the company’s 11th of 13 in the area, according to a regulatory filing. The shares dropped 1.8 percent to 25.37 reais.


Bancolombia SA (PFBCOLO CB): The nation’s biggest lender sold 600 billion pesos ($314.6 million) worth of bonds in the Colombian market, the stock exchange said in a statement. The shares fell 1.3 percent to 29,940 pesos.


Tourism: Mexico’s tourism revenue is expected to jump 20 percent next year to $15.4 billion, Tourism Minister Gloria Guevara said in a statement. The number of tourists is expected to rise 15 percent to 26 million, the statement said.

Grupo Posadas SAB (POSADASA MM), Mexico’s largest hotel chain, was unchanged at 18.25 pesos. Grupo Aeroportuario del Sureste SAB (ASURB MM), the operator of airports in southern Mexico, declined 1.5 percent to 67.75 pesos. Grupo Aeroportuario del Pacifico SAB (GAPB MM), the operator of airports in the Pacific and central regions of the country, declined 0.2 percent to 48.02 pesos.

Banco Compartamos SA (COMPARTO MM): The bank that lends to low-income individuals extended its share-exchange period until Dec. 23 because some foreign shareholders needed more time to participate, according to a statement to the stock exchange. The shares added 0.3 percent to 102.16 pesos.

Megacable Holdings SAB (MEGACPO MM): The largest cable-TV will provide Internet access at a 35 percent discount to its market price at community centers for education and health under an agreement with the government, according to an e-mailed statement from the Communications and Transportation Ministry. The shares fell 1.6 percent to 30.76 pesos.

To contact the reporter on this story: Jonathan J. Levin in Mexico City at;

To contact the editor responsible for this story: David Papadopoulos at

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