The country of Chile in South America has one of the strong democratic governments. Chile has been following sound free market economic policies since the 1980s. With a population of about 12 million Chile’s economy is export-oriented with concentration in fishing, forestry and copper. According to Wikipedia, Chile’s financial system is among the top in …
Enersis (ENI) and Endesa-Empresa Nacional de Electricidad (EOC) are two electric utility companies from Chile listed in the New York Stock Exchange as ADRs. This post provides a brief summary of these two ADRs. 1. Enersis (ENI) is engaged in the business of generation, distribution and transmission of power in Chile, Argentina, Brazil, Colombia and …
Santiago, Chile The Bank of New York Mellon’s Chile ADR Index is the second best performer year to date when compared to all the other indices the bank publishes. All the ADR indices are in deep red except Colombia. It is up by 3.14% but the index has only one stock. So the Chile index …
We have written a few articles about Chile in the past.It is a commodity rich country – especially copper.Banking and mining stocks are a great investment in this South American country. In an article titled “Commodities,Natural Resources keep Chile ETF on Fire” Tom Lydon of ETFTrends writes that: In these commodity-crazy times, Chile and its …
Continue reading ‘Chile – The Commodity Boom Continues !!’ »
Chile is a mineral rich country. Chile is the world’s biggest exporter of Copper. The country was ruled by the military dictator Augusto Pinochet from 1973 to 1990. During this time, many of the state owned firms were privatized under the guidance and advise of a team of economic experts who had earlier studied in …