Brazilian Stock Movers: ALL America, Brookfield, MRV, OGX Gain

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

The Bovespa Index increased 2.1 percent to 55,031.93.

ALL America Latina Logistica SA (ALLL3 BS) rose 2.5 percent to 8.26 reais. The railroad company’s consolidated earnings before interest, taxes, amortization and depreciation, or Ebitda, rose 16 percent to 428.9 million reais ($244 million) in the third quarter from the same period last year. The volume transported increased 9.6 percent, ALL said in a regulatory filing reporting its preliminary results.

Brookfield Incorporacoes SA (BISA3) (BISA3 BS) gained 4.4 percent to 6.19 reais. Brazil’s fourth-largest real-estate company by revenue said it posted 1.33 billion reais in contracted sales in the third quarter, up 61 percent from a year earlier. New projects rose 23 percent to 913 million reais, according to preliminary results announced in a regulatory filing.

MRV Engenharia & Participacoes SA (MRVE3 BS) advanced 4 percent to 11.17 reais. The homebuilder posted 1.08 billion reais in contracted sales in the third quarter, up 22 percent from 889.7 million reais a year earlier. New projects rose 40 percent to 1.45 billion reais, according to a regulatory filing.

OGX Petroleo & Gas Participacoes SA (OGXP3 BS) jumped 6.5 percent to 12.70 reais. The oil company controlled by Brazilian billionaire Eike Batista expects to be cash-flow positive before the end of 2013, said Chief Financial Officer Marcelo Faber Torres. The Rio de Janeiro-based company said in presentations earlier this year that it would be cash-flow positive in 2014.

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 papadopoulos@bloomberg.net

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