Cosan Limited (CZZ)

[MWM]

Brazil, Mexico close with four weeks of wins
Mexico to trigger swap facility with U.S.

By Carla Mozee, MarketWatch

Last update: 7:26 p.m. EDT April 3, 2009(MarketWatch) -- Latin American equity markets rose Friday, with sugar producer Cosan Ltd. leading advancers in Sao Paulo and helping the country's benchmark move toward its longest weekly winning streak in nearly a year.
Brazil's Bovespa rose 0.6% to 43,982.92, with shares of Cosan

The market "has yet to realize" the positive impact that higher sugar prices and a weaker local currency will have on the sugar producer's cash generation, said Citigroup analyst Tereza Mello in a note to clients Friday.
The broker also said it's recognizing the integration advantages that come with Cosan's purchase of a fuel distribution chain in light of volatile ethanol prices at the mill.

With this week's advance 5.9%, the Bovespa will mark its longest weekly winning streak since mid-April through mid-May of 2008.