Wednesday, May 23, 2007

Chilean Stocks Rise as Economic Growth Quickens; Brazil's Vale Declines

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

Chile's IPSA index rose 1.5 percent, the most since March 15,
to 3162.81. 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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