CORRECT: Brazilian Equity Movers: BR Properties, Embraer, Hering

(Corrects company name in headline.)

Ibovespa falls 0.6% at 4:14pm in Sao Paulo.

DECLINERS: * Embraer (EMBR3 BS) -5%; worst performance on gauge * Fleury (FLRY3 BS) -2.5%; Omar Magid Hauache replaced as CEO * Petrobras (PETR4 BS) -2.3%; co. said it doesn’t expect to raise fuel prices

ADVANCERS: * BR Properties (BRPR3 BS) +1.4%; co. agreed to sell real-estate assets for 442m reais to a BTG Pactual fund * Hering (HGTX3 BS) +1.9%; Brazil’s retail sales rose 1.9% in July M/m vs. median estimate of a 0.2% increase * PDG (PDGR3 BS) +3.6% * OGX (OGXP3 BS) +2.6%; Brazilian exchange raised short interest limit for co. to 50%

To contact the reporter on this story: Denyse Godoy in Sao Paulo at

To contact the editor responsible for this story: David Papadopoulos at

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