The Ibovespa climbed, paring a second straight weekly decline, as iron-ore producer Vale SA (VALE5) rose along with commodities prices after a report showed imports increased more than forecast in China.
Real estate developer Multiplan Empreendimentos Imobiliarios SA (MULT3) advanced after saying fourth-quarter sales in the shopping malls it manages increased 13 percent from a year earlier. Railroad company ALL America Latina Logistica SA headed for its biggest three-day gain since 2009 after Valor Economico newspaper said minority shareholders of Cosan SA Industria e Comercio’s logistics unit favors a merger.
The Ibovespa rose 0.3 percent to 49,482.82 at 10:29 a.m. in Sao Paulo, reducing this week’s slump to 2.9 percent. The real fell 0.2 percent to 2.3945 per dollar today. The Standard & Poor’s GSCI index of 24 raw materials climbed 0.6 percent after a report showed imports in China, Brazil’s top trading partner, increased the most in five months.
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