By Hugh Collins
April 1 (Bloomberg) -- The following companies may have unusual price changes today in Latin American trading. Stock symbols are in parentheses and share prices reflect the previous close.
The MSCI Latin America Index gained 1.9 percent to 2,171.40. In Brazil, preferred shares usually are the most- traded class of stock.
Brazil
Petroleo Brasileiro SA (PETR4 BS): Brazil’s state- controlled oil company said its fuel sales climbed in March from a year earlier, a sign that Brazil’s economy is starting to recover, O Globo cited Chief Executive Officer Jose Sergio Gabrielli as saying. Petrobras fell 0.8 percent to 28.55 reais.
Globex Utilidades SA (GLOB3 BS): Grupo Silvio Santos, the Brazilian conglomerate controlled by media magnate Silvio Santos, said it’s interested in buying Ponto Frio, a chain of electronics and home-appliance stores, from Globex. Globex rose 0.5 percent to 6.45 reais.
Chile
Distribucion y Servicio D&S SA (DYS CC): Chile’s largest grocer may not begin operations in Peru in 2009 as previously planned, Reuters cited D&S Chairman Felipe Ibanez as saying. D&S fell 0.4 percent to 225 pesos.
Peru
Banco de Credito del Peru (BCP/C PE): Peru’s largest bank said Dionisio Romero Seminario will step down after 30 years as chairman of the board. Romero will be replaced by his son, Dionisio Romero Paoletti. Banco de Credito del Peru fell 0.3 percent to 8.04 soles on March 30, the last time it traded.
Mexico
Industrias Penoles SAB (PE&OLES MM): Mexico’s January silver output rose 37 percent to 221,180 kilograms, the National Statistics Agency said yesterday. Penoles, the world’s largest dedicated silver producer, rose 0.2 percent to 148.17 pesos.
To contact the reporter on this story: Hugh Collins in Mexico City at Hcollins8@bloomberg.net
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