Friday, June 29, 2007

Chilean Stocks Complete Quarterly Gain on Economic Growth, Takeover Talk

(Bloomberg) -- Chile's main stock index rose and
headed for its biggest quarterly gain in four years on speculation
that an accelerating economy will spur company profits and more
mergers and acquisitions.

The IPSA index of 40 stocks advanced 0.7 percent to 3464.39, a
record, at 2:03 p.m. New York time. Banco de Chile led today's
gains.


Read more at Bloomberg Stocks News

No comments: