The following companies had unusual price changes in Chilean trading. Stock symbols are in parentheses and prices are as of 4:09 p.m. Santiago time.
The Ipsa index fell 0.6 percent to 3,865.74. The MSCI Chile index gained 1.6 percent to 2,131.01 at 4:31 p.m. Santiago time.
Banco de Chile (CHILE CC) fell 1.8 percent to 60.4 pesos. Consumer rights group Conadecus filed a class action lawsuit in local courts against the lender alleging illegal fees.
Cencosud SA (CENCOSUD CC) declined 0.7 percent to 2,764.7 pesos. Chile’s largest retailer by sales has agreed to pay $100 million for an 86 percent stake in local department store operator Johnson’s.
Colbun SA (COLBUN CC), Chile’s second-largest power generator by market value, retreated 2.6 percent to 123.73 pesos. Chilean authorities are weighing options to ensure electricity supply as some dam levels serving hydroelectric plants in the central grid fall to the lowest in 13 years, Energy Minister Rodrigo Alvarez said at a conference today.
Empresa Nacional de Electricidad SA (ENDESA CC), the country’s largest generator, fell 1.9 percent to 727.22 pesos.