The following companies are having unusual price changes in Chilean trading. Stock symbols are in parentheses and prices are as of 11:11 a.m. in Santiago.
Cia. Sudamericana de Vapores SA (VAPORES) lost 3.6 percent to 107 pesos, a record low. Latin America’s largest container shipping company announced Dec. 9 it plans to sell 5.87 billion new shares at 20.45 cents or 104 pesos each to help shore up its finances.
Empresa Electrica Pilmaiquen (PILMAIQ) SA rose 1.5 percent to 2,100 pesos, its seventh day of gains and with volume more than six times the average of the last three months. The power generator has called for an extraordinary shareholder vote for Dec. 23 to elect a new board after a petition from those who own more than 10 percent of the company’s stock, according to a statement published Dec. 7 on the website of the Santiago stock exchange.
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