Santiago Stock Exchange falls, lead by D&S

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SANTIAGO.-The main indicators for the Santiago Stock Exchange are experiencing significant drops today, led by a plunge in D&S stock.

The plummet comes after leaders of Falabella and D&S brought a definitive close to the possibility of a merger between the two companies yesterday. 

At 10:40 AM this morning, the blue-chip IPSA index, composed of the 40 most heavily traded stocks, was reporting a 0.40% drop to 2,780.52 points, while the IGPA general indicator indicated a 0.31% fall, to 12,999.91 units.

The stocks with the most significant drops are:  D&S (-2.90%), CAP (-2.70%) and SALFACORP (-2.20%). 

Stocks reporting the most significant rises are:  MULTIFOODS (3.50%), NORTEGRAN (1.10%) and LA POLAR (0.60%).