Key Facts

The S&P IPSA fell 0.70% to 10,947.38 on Thursday, extending its retreat from the 52-week high as broad-based selling hit blue chips.

SQM-B was the session’s biggest weight, sinking 2.7% with heavy turnover of $39m as lithium names faced a sudden bout of profit-taking.

The Chilean peso weakened 0.22% to close at 924.00 per dollar, slipping in tandem with the equity market despite a slightly firmer tone on Wall Street.

Retail and bank names were uniformly soft, with Cencosud down 1.7% and Falabella losing 0.4% on modest volume, signalling local caution.