Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Chilean Stock Movers: Cervecerias Unidas, Cencosud Were Active

May 3 (Bloomberg) -- 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 retreated 0.7 percent to 4,521.01. The MSCI Chile index fell 0.3 percent to 2,580.99.

Cia. Cervecerias Unidas SA (CCU CC) dropped 3.5 percent to 6,728.7 pesos in a fifth day of declines, its longest losing streak since August. Chile’s biggest brewer fell to a two-month low after first-quarter profit trailed analysts’ estimates on higher marketing costs and Bank of America Merrill Lynch cut the company to neutral from buy.

Cencosud SA (CENCOSUD CC) fell 1 percent to 2,982.5 pesos in its second day of losses. Regulators ordered the country’s largest retailer by sales to close one of its supermarkets after a sanitation violation, Diario Financiero reported.

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.