Cia. Energetica de Minas Gerais (CIG -12.2%) and shares of other Brazilian utilities are under...

|By:, SA News Editor

Cia. Energetica de Minas Gerais (CIG -12.2%) and shares of other Brazilian utilities are under pressure on expectations for Brazil's regulator to curb electricity rate increases Cemig had planned to put in place in April. Shares also were downgraded yesterday at Standpoint Research. Also: ELP -3.7%, CPL -3.4%, EBR -2.4%.