Copel earnings were boosted because the company paid out dividends from income on interest, which wasn't taxed, the company said.
32.
Cemig and Copel are expected to sell excess energy they generate outside of their operating areas once the practice is allowed by the government.
33.
"We have to guarantee the supply and distribution of energy, " said Ricardo Portugal Alves, Copel's investor relations officer.
34.
Copel, which is controlled by the government of Parana state, serves almost the entire state and a small region of neighboring Sao Paulo state.
35.
Cataguazes rose 6 centavos to 2.38 reais, Cerj rose 2 centavos to 74 and Copel soared 70 centavos to 20.50 reais.
36.
Also, electricity earnings helped lift the index after power groups Eletrobras and Copel unveiled first-quarter earnings on the last day of the results season.
37.
But, according to analyst Etienne Copel, a retired French air force commander, even the air attacks demonstrate the Russians'lack of appetite for battle.
38.
The swap was made to save the utility money if its financial performance is poor, said Ferdinando Schauenburg, financial director of the company known as Copel.
39.
Integrated power company Copel dropped 3.59 percent to 16.10 reals while electricity distributor Eletropaulo fell 2.03 percent to 72.50 reals.
40.
Shares in Cemig fell 11 centavos to 46.5 reais, while Copel's stock added 80 centavos to 16.1 reais in Sao Paulo trading.
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