Brazil’s worst drought in four decades is raising the specter of energy rationing, and boosting revenue for companies including Fibria Celulose SA and Cosan SA Industria & Comercio.
Fleury SA, a Brazilian provider of medical services, said its controlling shareholder received bids for its stake in the company.
Emerging-market stocks rose, sending the benchmark index to a three-week high, as an agreement on emergency aid for Greece and better-than-forecast U.S. economic data boosted appetite for riskier assets.
Bovespa-index futures declined, with the equity gauge poised for its biggest monthly drop since May, after iron-ore producer Vale SA posted a record loss in the fourth quarter.
The Bovespa index rose as speculation Brazilian policy makers will delay interest-rate increases boosted stocks that are linked to domestic demand.
Bovespa-index futures dropped, a sign the index may fall for the first time in four sessions, as commodities slipped.
The Bovespa index dropped for a second day as lower commodities prices dimmed the outlook for Brazil’s raw-material exporters after data showed U.S. retail sales unexpectedly declined.
The Bovespa index rose for the first time in five days as Suzano Papel & Celulose SA led gains by raw-material producers amid a rally in commodity prices.
Bovespa-index futures gained after an increase in Chinese industrial companies’ profits boosted optimism about the economic outlook for Brazil’s top trading partner.
The Bovespa index fell from a one- week high as homebuilders declined after PDG Realty SA Empreendimentos & Participacoes posted an unexpected fourth- quarter loss.