Chilean Stocks: Embotelladora Andina, Cencosud, Sigdo Koppers

The following companies had unusual price changes in Chilean trading. Stock symbols are in parentheses and prices are as of the close in Santiago.

The Ipsa index fell 0.1 percent to 4,197. The MSCI Chile (MXCL) index retreated 0.2 percent to 2,270.18.

Embotelladora Andina SA (ANDINAB CC) fell 1 percent to 2,250 pesos. Chile’s largest Coca-Cola bottler has lost 1.5 percent in the last two days after local lender Banco Bice cut its recommendation to “sell” from “hold”.

Cencosud SA (CENCOSUD CC) fell 1.2 percent to 2,939.2 pesos, its third day of losses. Chile’s largest retailer by sales is in talks with Brazilian lender Banco Bradesco SA (BBDC4) to expand their credit-card partnership, Pulso reported today.

Sigdo Koppers SA (SK) declined 0.1 percent to 869 pesos and earlier fell as much as 2.2 percent. The industrial holding company was the most active stock by value on the Ipsa (IPSA) index after a package of 30 million new shares was sold today at 851 pesos each.

To contact the reporter on this story: Eduardo Thomson in Santiago at ethomson1@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

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