Chilean stocks slip

Posted by 7Star Saturday, January 16, 2010

Chile's blue chip IPSA index receded from new life highs on Friday, tracking US bourse losses, while the peso hit 19-month highs as banks sold US dollars to close positions, traders said. The IPSA index fell 0.69 percent to close at 3,756.18 points, compared to Thursday's close of 3,782.53 points - which a new all time high. Friday was the last day of trading ahead of Chile's presidential election on Sunday.

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