Brazilian Stock Movers: BRF - Brasil Foods, Cetip, OGX Petroleo

The following companies had unusual price changes in Sao Paulo trading. Stock symbols are in parentheses and prices are as of 4:15 p.m. New York time. Preferred shares are usually the most-traded class of stock.

The Bovespa Index fell 0.3 percent to 59,478.01.

Cetip SA - Balcao Organizado de Ativos e Derivativos (CTIP3) (CTIP3 BS) jumped 7.6 percent to 26.25 reais. Private equity firm Advent International agreed to sell its remaining stake in the Brazilian clearing house to IntercontinentalExchange Inc. (ICE) for 806 million reais ($512 million), according to an e-mailed statement.

OGX Petroleo & Gas Participacoes SA (OGXP3 BS) gained 1.2 percent to 13.90 reais. The oil company controlled by billionaire Eike Batista said in a filing it finished drilling a well in a Campos Basin block off Brazil’s coast. A test at the well indicated there’s output capacity of about 10,000 barrels of oil a day, according to the filing.

BRF Brasil Foods SA (BRFS3 BS) dropped 0.7 percent to 29.50 reais. The world’s biggest poultry exporter was cut to “market perform” from “outperform” at Itau BBA Securities.

Cosan SA Industria e Comercio (CSAN3) (CSAN3 BS) slid 0.4 percent to 24.09 reais, and Sao Martinho SA (SMTO3) (SMTO3 BS) declined 1.7 percent to 22.30 reais. Sugar-cane processors fell after the commodity posted its first weekly drop since May. Raw sugar for October delivery dropped 0.05 cent, or 0.2 percent, to settle at 28.97 cents on ICE Futures U.S. at 2 p.m. in New York. Prices declined 1.3 percent this week.

To contact the reporter on this story: Ney Hayashi in Sao Paulo at ncruz4@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos in New York at papadopoulous@bloomberg.net

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