BRF - Brasil Foods SA, the world’s largest poultry exporter by volume, rose to the highest in a month after reporting earnings that beat analysts’ estimates because of cost cuts, higher prices and rising exports.
BRF-Brasil Foods SA, the country’s largest food maker, rose the most in six months after its board nominated as its chairman Abilio Diniz, the chairman of Cia. Brasileira de Distribuicao Grupo Pao de Acucar.
Emerging-market stocks rebounded from an 11-week low and currencies strengthened as China pledged to increase fiscal spending and investors speculated that exporters will get a boost from U.S. monetary stimulus.
Bovespa-index futures advanced as higher commodities prices boosted the outlook for Brazilian exporters amid speculation that central banks around the world will continue with measures to support economic recovery.