1.   Also putting pressure on Chilean equities were falling U.S. markets.

2.   Chilean equities had declined even as international markets gained in previous days.

3.   Chilean equities often track U.S. markets since nearly half the shares on the IPSA index also trade American Depositary Receipts, and Thursday was no different.

4.   Investors last week sold off Chilean equities exposed to the Argentine crisis for fear that the Argentine currency would plummet, cutting further into these companies earnings.

5.   Negative pressures from all sides continued to weigh on Chilean equities, particularly those that trade American Depositary Receipts in New York.

6.   That sent Chilean equities, which often move in tandem with U.S. markets given the number of local companies trading American Depositary Receipts, upward.

7.   Traders pointed northward to Wall Street to explain the incremental gain in Chilean equities.

8.   Traders said that international investors returned to Chilean equities on Friday after punishing stocks in recent days on the evolving social, political and economic crisis in neighboring Argentina.

9.   Traders said the fall in Chilean equities was due to investors selling on pervading uncertainty about Brazil and Argentina.

10.   Trading in other Chilean equities was also strong on Tuesday, the result of investors who came out bargain hunting.