Banco Bradesco Rises 4% After Brazil Inflation Miss, R$7.6B Move

Banco Bradesco S.A. preferred stock was up 4.0% at R$18.72 in afternoon trading on Friday. Its common shares rose 4.6% to R$16.42. The R$0.72 moves for both classes of stock lift the bank’s total market value by about R$7.6 billion, based on outstanding share numbers.