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Brazilian Stock Movers: ALL, Cosan, HRT, OGX Petroleo

Feb. 22 (Bloomberg) -- The following companies had unusual price changes in Sao Paulo trading. Stock symbols are in parentheses and prices are as of the close of trading. Preferred shares are usually the most-traded class of stock.

The Bovespa Index fell 0.2 percent to 66,092.77.

ALL America Latina Logistica SA (ALLL3 BS) fell 1.8 percent to 10.83 reais, after earlier gaining as much as 6.1 percent. Cosan SA Industria & Comercio agreed to pay 896.5 million reais ($525.5 million) for a stake in ALL, Latin America’s largest railroad company.

Cosan (CSAN3 BS), which controls the world’s largest sugar port terminal, fell 5.8 percent to 29.19 reais, the biggest drop in six months.

HRT Participacoes em Petroleo SA (HRTP3 BS) gained 9.6 percent to 622 reais. HRT, an oil explorer, jumped after partner Energulf Resources Inc. said it has 3.2 billion barrels of recoverable oil in an area of Namibia.

OGX Petroleo & Gas Participacoes SA (OGXP3 BS) gained 2.3 percent to 18.05 reais, the highest in 10 months. Crude oil for April delivery rose to $106.28 a barrel on the New York Mercantile Exchange, the highest settlement since May 4.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos in New York at papadopoulos@bloomberg.net

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