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Eventually these stocks will recover and big names like Cemig and CPFL Energia (CPL) stand to gain.
FORBES: Rain And Politics Crushing Brazil Power Cos
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The growth in the Brazilian economy and CPFL's competitive pricing will combine to give it a 10% growth in its top line.
FORBES: Fund Traders Are From Mars
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Buy CPFL Energia (CPL, 71.8) , Brazil's largest electric power generator with 13% of the market and 6.6 million customers in 2009 spanning just 4 of Brazil's 26 states.
FORBES: Magazine Article
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Among the largest underlying components of EMIF, in trading today Ultrapar Participacoes SA ( NYSE: UGP) is down about 4.9%, Companhia Energetica DE Mina ( NYSE: CIG) is off about 4.5%, and CPFL Energia SA ( NYSE: CPL) is lower by about 3.3%.
FORBES: Outflows In Emerging Markets