Petrol price hiked, little hope for rupee
State oil companies raised the price of petrol with effect from Thursday for the first time in more than six months in a gesture of fiscal discipline that economists said is unlikely to give a significant lift to the rupee. Article
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STXNEWS LATAM-Chile stocks jump on euro zone plan hopes
Chile stocks have ended sharply firmer, tracking gains on global markets that rose on growing optimism European leaders were readying a plan to resolve the region's debt crisis. Local opportunity buying also boosted the local index.
For more, see [ID:nN1E7AR19F]
Santiago's blue-chip IPSA stock index .IPSA has ended a preliminary 2.44 percent firmer. Shares in LAN Airlines LAN.SN have closed 4.58 percent stronger, while heavyweight industrial conglomerate Copec COP.SN has ended 2.76 percent up.
(Reporting by Felipe Iturrieta) alexandra.ulmer@thomsonreuters.com; +562-370-4229
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