Brazilian Stock Movers: Multiplan, OGX Petroleo, Petrobras, Tam

The following companies had unusual price changes in Sao Paulo trading. Stock symbols are in parentheses and prices are as of 3 p.m. New York time. Preferred shares are usually the most-traded class of stock.

The Bovespa stock index rose 0.1 percent to 65,362.04.

Multiplan Empreendimentos Imobiliarios SA (MULT3 BS), the shopping-mall owner, gained 2 percent to 31.02 reais after Valor Economico newspaper reported that Grupo Sa Cavalcante plans to invest 1.8 billion reais ($1.1 billion) to build seven malls in five years in Brazil.

Oil producers fell as crude dropped to the lowest level in a week as talks between the government and opposition politicians helped ease tensions in Egypt, reducing concern that supplies will be disrupted.

OGX Petroleo & Gas Participacoes SA (OGXP3 BS), the oil company controlled by billionaire Eike Batista, fell 3 percent to 16.15 reais, the lowest level since June 9.

Petroleo Brasileiro SA (PETR4 BS), the Brazilian state-run oil producer, declined 1.5 percent to 27.22 reais.

Positivo Informatica SA (POSI3 BS), Brazil’s biggest computer maker, jumped the most since Jan. 17, adding 4.4 percent to 9.45 reais. Hewlett-Packard Co. is in talks to buy Positivo, IstoE Dinheiro magazine reported, without giving more details or citing anyone. Positivo declined a purchase offer from Lenovo Group Ltd. in 2008.

Tam SA (TAMM4 BS) rose 2 percent to 35.93 reais. The carrier being bought by Lan Airlines SA gained as traders pared bets for higher borrowing costs, boosting the outlook for domestic demand.

Tereos Internacional SA (TERI3 BS) rose 0.9 percent to 3.30 reais. Brazil’s third-largest sugar and ethanol producer by market value plans to list its shares on the Paris stock market this year, French daily Les Echos reported, without saying where it got the information.

To contact the reporter on this story: Camila Russo in New York at crusso15@bloomberg.net

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

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