Chilean Stocks: CCU, Colbun, Endesa and Enjoy 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 index fell 0.4 percent to 4,634.73. The MSCI Chile index (MXCL) retreated 0.9 percent to 2,653.04.

Cia Cervecerias Unidas SA (CCU) fell 2.1 percent to 7,330.1 pesos, its second day of losses. Chile’s largest brewer had its recommendation cut to hold from buy at Deutsche Bank AG.

Colbun SA (COLBUN) advanced 0.5 percent to 141.18 pesos, reversing an earlier loss of 1.3 percent. Chile’s Supreme Court rejected injunctions filed by opposition lawmakers and environmental groups to block the HidroAysen power project being developed by Colbun and Empresa Nacional de Electricidad SA, or Endesa. (ENDESA)

Endesa (ENDESA) (ENDESA CC) also reversed earlier losses to close little changed at 885.96 pesos.

Enjoy SA (ENJOY) fell 4.5 percent to 105 pesos, the biggest fall in almost five months. The Santiago-based casino owner is meeting terms of its bonds after using 14.9 billion pesos ($31 million) of a 17 billion-peso loan facility from its controlling shareholder, according to a statement to the securities regulator yesterday.

To contact the reporter on this story: Eduardo Thomson in Santiago at

To contact the editor responsible for this story: David Papadopoulos at

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.