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STXNEWS LATAM-Chile stocks up with energy but losing steam
Posted on April 25, 2011 at 15:33 PM 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 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.
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