Monday, May 7, 2007

Chilean Stocks Climb, Led by Retailers, on Spending Outlook: Latin Stocks

(Bloomberg) -- Chilean stocks rose for an eighth straight day, led by retailers, after better-than-estimated economic data boosted consumer spending expectations.

Chile's IPSA index of 40 stocks rose 30.30, or 0.9 percent, to a record 3,244.48 at 1:12 p.m. New York time. Cencosud SA, the country's largest retailer, and Lan Airlines SA, it's biggest carrier, led the advance.


Read more at Bloomberg Stocks News

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