Tuesday, May 22, 2007

Chilean Stocks Drop on Pension Concern, Led by DyS: World's Biggest Mover

(Bloomberg) -- Chile's main stock index fell the most
in three months on concern that pension fund managers will move
money out of the country sooner than expected.

Chile's IPSA index of 40 stocks fell 91.03, or 2.8 percent, to
3,166.20 at 11:10 a.m. New York time. It was the steepest decline
since Feb. 27 and the biggest move among markets included in global
benchmarks.


Read more at Bloomberg Stocks News

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