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STXNEWS LATAM-Chile stocks up with energy but losing steam

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Mon Apr 25, 2011 3:33pm EDT

 Chile stocks closed slightly higher, boosted by the energy
sector as signs of normalizing rainfall boosted the prospects
for hydroelectric generation. Chile's blue-chip IPSA stock
index .IPSA gained 0.3 percent, rising for a fourth straight
day but losing steam as the index's daily stochastics, an
oscillating indicator, push into overbought territory.
e-mail: brad.c.haynes@thomsonreuters.com; +562-370-4229
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