Wednesday, May 23, 2007

Chilean Stocks Rise as Economic Growth Quickens; Brazil's Usiminas Falls

(Bloomberg) -- Chile's stocks rose, pushing the
benchmark index to its biggest gain in three months, after a report
showed first quarter economic growth was the fastest in two years.

Chile's IPSA index rose 2.1 percent, the most since Feb. 28,
to 3179.92 at 2:44 p.m. New York time. Retailer Cencosud SA and
electricity holding company Enersis SA led the advance. Brazil's
main stock index fell for a second day.


Read more at Bloomberg Stocks News

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