Chilean Stocks: Cap, Empresas Copec, Empresas CMPC Were Active

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 (IPSA) index fell 0.5 percent to 4,483.75. The MSCI Chile (MXCL) index dropped 1.9 percent to 2,549.84.

Empresas CMPC SA (CMPC) (CMPC CC) slid 0.7 percent to 2,104.2 pesos. Chile’s second-largest pulp exporter fell to the lowest level in more than three weeks as commodities and stocks extended a selloff on concern that the global economy is slowing.

Empresas Copec SA (COPEC) (COPEC CC), Chile’s biggest pulp exporter, dropped 0.5 percent to 8,003.2 pesos.

Cap SA (CAP) , Chile’s biggest iron and steel company, retreated 1.6 percent to 20,475 pesos. Iron ore for immediate delivery fell 20 cents, or 0.1 percent, to $143 a ton, according to a price index compiled by The Steel Index Ltd.

To contact the reporter on this story: James Attwood in Santiago at jattwood3@bloomberg.net

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.