ALL, Aracruz, BM&FBovespa, Cosan, Vale: Brazilian Equity Movers

By Paulo Winterstein

Oct. 9 (Bloomberg) -- The following companies are having unusual price changes in Brazil trading. Stock symbols are in parentheses, and share prices are as of 9:21 a.m. New York time. Preferred shares are usually the most-traded class of stock.

The Bovespa index jumped 3.7 percent to 40,028.57.

ALL America Latina Logistica (ALLL11 BS) gained 7.3 percent to 10.57 reais, the most in almost three weeks. Latin America's biggest railroad operator reported preliminary third-quarter results that ``positively surprised'' Itau Corretora analyst Paula Kovarsky.

Aracruz Celulose SA (ARCZ6 BS) gained 7.6 percent to 3.55 reais, the biggest gain in three weeks. The pulp producer that said last week it may lose almost $1 billion on bad currency bets gained for the first time in six sessions after the real rose the most since August 2002.

BM&FBovespa SA (BVMF3 BS) jumped 6.4 percent to 7.93 reais, the most in a week. Latin America's biggest stock exchange said it registered a record number of trades yesterday, surpassing the previous high reached in May. Traded volume reached 7.4 billion reais in more than 409,000 trades, the exchange said in a statement e-mailed yesterday.

Cia. Vale do Rio Doce (VALE5 BS) jumped 5 percent to 27.10 reais, the first gain in seven sessions. The world's biggest iron-ore producer is ``extremely cheap,'' UBS AG analyst Edmo Chagas wrote in a note today.

Cosan SA Industria e Comercio (CSAN3 BS) gained 4.3 percent to 12.85 reais. The world's second-biggest sugar-cane processor forecast net revenue will rise more than 30 percent in the 2009 fiscal year, more than expected previously, because of the decline in the Brazilian currency.

To contact the reporter on this story: Paulo Winterstein in Sao Paulo at pwinterstein@bloomberg.net.