'Chilean stocks, peso up'

Chilean stocks, peso up

03/24/09 22:14

Chilean stocks rose and the peso strengthened its position, shadowing global markets encouraged by the prospects of increased stimulus spending by the government of China.

The blue-chip IPSA index rose 1.42 percent higher at 2,435.74, while the all-market IGPA index rose 1.0 percent higher at 11,736.47 points..

Despite this, Chile rose somewhat slower thn the rest of the regional markets due to losses from one of its largest markets, Soquimich.

Link: Chile stocks rise following global markets, peso up | Deals | Regulatory News | Reuters

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