Latin Stocks to Rise 15%, Santander’s Poll Shows

Latin America stocks may rise a further 15 percent by the end of 2010, led by gains in banks, steelmakers and mining companies, according to a Banco Santander SA poll of investors.

The MSCI Latin America Index may advance between 5 percent and 15 percent, according to 64 percent of investors polled by Santander last month, Ernest W. (Chip) Brown, a Santander analyst, said today in a report.