Brazilian stock alert

BRAZ

CLOSING UPDATE: Cia de Tecidos do Norte de Minas - Coteminas jumps 8.2% 18 January 2018 18:34 BRST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Brazilian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Cia de Tecidos do Norte de Minas - Coteminas, Brazil's 4th largest textiles company by market capitalisation, traded on volume of 0.6 times average today while the price jumped 60.0 centavos (or 8.2%) to trade at R$7.90. Compared with the Brazil Index 50 which fell 32.9 points (or 0.2%) in the day, this represented a relative price increase of 8.5%.

Technical indicators complementing today's significant uptrend:

+ In the last three months the stock has hit a new 52-week high five times, pointing to an uptrend.

+ The present value of BRL1,000 invested one year ago is R$1,975 [vs R$1,265 for the Brazil Index 50].

TODAY'S ALERTS

Afternoon Alert: Cia de Tecidos do Norte de Minas - Coteminas jumps 8.2%

18 January 2018 14:58 BRST

Cia de Tecidos do Norte de Minas - Coteminas (SA:CTNM3) traded on volume of 0.1 times average so far today while the price jumped 60.0 centavos (or 8.2%) to trade at R$7.90.

Afternoon Alert: Cia de Tecidos do Norte de Minas - Coteminas jumps 8.2%

18 January 2018 12:10 BRST

Cia de Tecidos do Norte de Minas - Coteminas (SA:CTNM3) traded on volume of 0.1 times average so far today while the price jumped 60.0 centavos (or 8.2%) to trade at R$7.90.

Cia de Tecidos do Norte de Minas - Coteminas (SA:CTNM3; SAO:CTNM3; BZ:CTNM3)

ISIN: BRCTNMACNOR9

PermID: 4295859819

Source: www.BuySellSignals.com