The following companies are having unusual price changes in Sao Paulo trading. Stock symbols are in parentheses and prices are as of 12:52 p.m. local time. Preferred shares are usually the most-traded class of stock.
The Bovespa (IBOV) Index fell 0.2 percent to 65,106.08.
HRT Participacoes em Petroleo SA (HRTP3 BS) gained 3.7 percent to 479.50 reais. The oil and natural-gas exploration company rose to a one-month high after Petroleo Brasileiro SA reported finding oil near sites owned by HRT.
Lupatech SA (LUPA3) (LUPA3 BS) rose 7.8 percent to 4.83 reais. The board of the oil equipment and services provider approved a 10 million real loan from Banco Votorantim, according to a regulatory filing today.
CCR SA (CCRO3) (CCRO3 BS) advanced 1.6 percent to 12.99 reais. Brazil’s biggest toll-road operator was excluded from an auction to run and expand three of Brazil’s busiest airports because its bids weren’t high enough, according to an announcement today at the Sao Paulo stock exchange.
TPI - Triunfo Participacoes e Investimentos SA (TPIS3 BS) fell 4.4 percent to 8.40 reais after winning an auction for the license to run and expand Campinas’s Viracopos airport with a 3.8 billion-real bid.
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