Chile · Markets
The Big Three
Vapores steamed 4.1% higher — the day’s standout mover Compañía Sud Americana de Vapores jumped 4.1% on roughly $3m of turnover, the biggest gain among Chile’s most-traded names and a bet on its Hapag-Lloyd container franchise as freight and battery-metal demand hold.
The peso did the heavy lifting, not the index USD/CLP firmed 0.71% to 919.75 — sitting 5.7% below its 52-week high — as softer US June payrolls trimmed Fed hike odds and copper held near $6/lb, cushioning a 0.66% dip in the ECH equity proxy to 39.13.
The money clustered in miners and malls SQM-B topped turnover at about $6m despite slipping 0.7%, while retail-and-property names — Cencosud, Falabella and Mallplaza — drew a combined ~$10m as flows tilted defensive and domestic.
