Brazil's Embraer sambas to more share price gains

Brazil's Ibovespa equity market index rose as investors piled into local planemaker Embraer SA after it announced orders from Chinese carriers - and amid speculation that supply-chain issues at its biggest rival would benefit the Brazilian group.

Embraer advanced for the eighth straight session, putting in the longest winning streak since December 2005, in the process helping push the country's benchmark stock index to a two-year high.

Analysts and investors are now reappraising the Brazilian planemaker.