BRF S.A. shares rise 9.36% intraday as China and Europe expected to resume chicken imports.

Brf S.A. rose 9.36% intraday, with the company reporting that China and Europe are expected to resume buying chicken products from Brazil in the coming days or weeks, following the control of a bird flu outbreak that had triggered trade bans. Additionally, BRF reported earnings of 735 million reais ($136 million) in the second quarter, with EBITDA of 2.5 billion reais, in line with analysts' forecasts. Sales totaled 15.36 billion reais, a 2.9% annual rise.