Brazilian stock alert

BRAZ

CLOSING UPDATE: Suzano Papel e Celulose decreases further 0.6%, led Forest products & paper sector lower 21 September 2018 17:36 BRT

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).

Suzano Papel e Celulose, Brazil's largest forest products & paper company by market capitalisation, has decreased 1.2% to trade at R$47.31 vs. the Forest products & paper sector which weakened 213.3 points (or 0.8%) to 26,634.5. Representing a weighting of about 43.9% of the sector, the stock accounted for 66.1% of today's loss. The shares have underperformed 97% of the market in the past week. Trading volume was 73% of average at the end of the day. Compared with the Brazil Index 50 which rose 195.6 points (or 1.5%) in the day, this represented a relative price change of -2.7%.

Technical indicators complementing today's significant downtrend:

+ The price tumbled 9.0% in the last week.

Note

Bullish Signals:

The positive 0.57 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

TODAY'S ALERT

Afternoon Alert: Suzano Papel e Celulose decreases 0.6%, leads Forest products & paper sector lower

21 September 2018 13:10 BRT

Suzano Papel e Celulose SA (SA:SUZB3) has decreased 0.6% to trade at R$47.61 vs. the Forest products & paper sector which weakened 108.8 points (or 0.4%) to 26,739.0. Representing a weighting of about 44.0% of the sector, the stock accounted for 60.5% of today's loss. The shares have underperformed 97% of the market in the past week. Trading volume was 1.1 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Suzano Papel e Celulose keeps sliding: down 7.9% in 4 days

20 September 2018 17:35 BRT

Suzano Papel e Celulose, Brazil's largest forest products & paper company by market capitalisation, extended its slide on Thursday, shedding an additional 51.0 centavos (or 1.1%) to trade at R$47.88. The shares have fallen R$4.12 (or 7.9%) over the past four trading days vs. the Brazil Index 50 which has risen 3.7% in the same period.

Afternoon Alert: Suzano Papel e Celulose keeps sliding: down 8.0% in 4 days

20 September 2018 13:09 BRT

Suzano Papel e Celulose SA (SA:SUZB3) extended its slide on Thursday, shedding an additional 54.0 centavos (or 1.1%) to trade at R$47.85. Trading volume was 1.5 times average so far today. The shares have fallen R$4.15 (or 8.0%) over the past four trading days vs. the Brazil Index 50 which has risen 3.6% in the same period.

Suzano Papel e Celulose SA (SA:SUZB3; SAO:SUZB3; BZ:SUZB3)

ISIN: BRSUZBACNOR0

Source: www.BuySellSignals.com