Price movement Bunge Limited (BG) has a market cap of $10.4 billion. It rose 0.55% to close at $73.40 per share on December 8, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.9%, 5.4%, and 10.4%, respectively, on the same day. BG is trading 7.8% above its 20-day moving average, 14.4% […]
Bunge Limited (BG) has declared a regular quarterly cash dividend of $0.42 per share on its common stock. The dividend will be paid on December 2, 2016, to shareholders of record on November 18, 2016.
BRF S.A. (BRFS) reported 1Q16 net operating revenue of 8.1 billion Brazilian reais, a rise of 15.2% compared to its net operating revenue of 7.0 billion reais in 1Q15.
When the Great Recession hit in 2008, economies were affected so severely that many of them have yet to recover. However, Brazil was one of the exceptions.
In its quarterly inflation report, the Banco Central do Brasil projected that inflation measured by Broad National Consumer Price Index (or IPCA) could be 6.6% in 2016. In December’s report, the central bank had expected inflation to be 6.2% in 2016.
From a purely NAV (net asset value) return standpoint, the Bradesco Latin American Equity Fund was a below-average performer for the one-year period until March 24, 2016.
Bunge rose 3.0% to close at $51.50 per share on March 2. The stock’s weekly, monthly, and YTD price movements were 3.9%, -15.2%, and -24.0%, respectively.
BRF reported its fiscal 3Q15 net operating revenue of $2,260.3 million, a fall of 34.5% compared to net operating revenue of $3,449.1 million in fiscal 3Q14.
On February 25, 2016, the S&P Consumer Staples Index had slightly outperformed the S&P Consumer Discretionary Index and the S&P 500 Index as a whole. The indexes had respective returns of 1.2%, 0.99%, and 1.1%.
MDLTX was down 2.4% in November 2015 from a month prior. In the three- and six-month periods ended November 30, the fund fell 5.8% and 19.9%, respectively.
The BlackRock Latin America Fund invests “in Latin American equity and debt securities” but does not seek to spread its portfolio across a lot of countries.
The Aberdeen Latin American Equity Fund Class A fell by 6.3% in September from August. But between September and October 28, the fund has risen by 6.0%.
The BlackRock Latin America Fund – A (MDLTX) fell 9.2% in August 2015 from a month ago—putting its performance in the middle of a pack of eight funds in this review.
The BlackRock Latin America Fund – A (MDLTX) is offered by BlackRock. The fund seeks long-term growth of capital by investing “primarily in Latin American equity and debt securities.”
Commodity-rich Brazil happens to be one of the important emerging markets (EEM) of the world. However, declining commodity prices are impacting Brazil’s exports.
