Chile's IPSA fell 1.06% to 10,164 on Monday, dropping onto the long-term line that has held all year as soft copper and a strong dollar pressured the market.
Key Facts
The IPSA fell 1.06% to 10,164 on Monday June 8 — closing near the low and dropping onto its long-term line.
It is now sitting on the line that has held all year, near 10,140, the make-or-break support.
Soft copper was the home-grown driver, weighing on the peso and the mining names that anchor the index.
A strong dollar pressured the region, the same wave that hit Brazilian and Mexican stocks.
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