Multiexport Rises to 10-Month High on Salmon Prices
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Multiexport Foods SA advanced to a 10-month high as salmon prices rose and after Chilean newspaper Diario Financiero reported that local investment funds had started to increase their holdings of fish farmer shares.
Multiexport climbed 3.8 percent to 144 pesos at the close in Santiago, its highest level since March 22. Other salmon farmers also advanced, with Australis Seafoods SA gaining 2.1 percent, AquaChile SA increasing 0.3 percent and Cia. Pesquera Camanchaca SA rising 0.3 percent.