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Article: Chile: CAP shares glisten on dull Santiago bourse.
- Article from:
- TendersInfo
- Article date:
- June 21, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: ismail05
Chilean integrated steel producer CAP, one of the nation's two large scale steel companies, has been one of the best performers on the Santiago bourse this year, despite the exchange's modest overall showing.
Shares in CAP, which produces steel and iron, have risen 34.1% this month and 60.7% since the start of the year as of Friday, when they closed at 21,599 pesos, down 3.33% from the day before.
The CAP group's subsidiaries have also performed well. Cintac, CAP's specialty steel products unit, has risen 28.2% since January 1 although it retreated 2.32% in June.
Molybdenum producer ...