Shares advanced 2.6 percent to 19.39 reais at 10:58 a.m. in Sao Paulo. A close at that price would be the highest since February 2008. Embraer was the best performer on the Ibovespa (IBOV) stock benchmark, which dropped 0.2 percent.
Today’s advance extends Embraer’s gain this year to 35 percent while the Ibovespa has declined 8.9 percent during the same period.
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