Thursday, July 5, 2007

Chile Stocks Fall as Economy Slows, Led by Endesa; Brazil's Usiminas Slips

(Bloomberg) -- Chile's main stock index fell the most
in almost a month on concern that shares have risen faster than
warranted by the country's economic growth.

Chile's IPSA index of 40 stocks fell a second day, shedding
38.35, or 1.1 percent, the most since June 7, to 3453.11 at 1:17
p.m. New York time, after slipping 0.2 percent yesterday. Power
producer Empresa Nacional de Electricidad SA led the retreat.


Read more at Bloomberg Stocks News

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