Brazilian Stock Movers: JBS, Marfrig, Multiplan and Petrobras

The following companies are having unusual (IBOV) price changes in Sao Paulo trading. Stock symbols are in parentheses and prices are as of 11:41 a.m. local time. Preferred shares are usually the most-traded class of stock.

The Bovespa index increased 0.3 percent to 56,260.99.

JBS SA (JBSS3 BS), the world’s biggest beef producer, gained 2.1 percent to 5.92 reais. Brazil’s beef exports rose 7.8 percent this year through November compared to the same period in 2010, according to the trade ministry in Brasilia.

Marfrig Alimentos SA (MRFG3 BS), Latin America’s second- largest beef producer, increased 1.2 percent to 8.50 reais.

Multiplan Empreendimentos Imobiliarios SA (MULT3 BS) advanced 1 percent to 36.86 reais. The real-estate developer paid 231 million reais ($124 million) for 36,000 square meters of land now occupied by a Wal-Mart Stores Inc. hypermarket in Barra da Tijuca, Rio de Janeiro, according to an e-mailed statement from the Brazilian company.

Petroleo Brasileiro SA (PETR4 BS) rose 1.3 percent to 21.58 reais. Brazil’s state-controlled oil company followed crude futures higher.

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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