Key Facts
The S&P IPSA, Chile’s benchmark equity index, fell 0.84% to 10,917, driven lower by a sharp sell-off in fuel distributor Copec and broader commodity weakness.
The Chilean peso, traded as USD/CLP, slid 1.10% to 945.9 meaning one dollar bought 945.9 pesos, landing the currency just 2.8% below its all-time low against the greenback.
Copper, which anchors Chile’s export income, softened on the session, contributing to the peso’s retreat and weighing on sentiment across Santiago’s equity market.
Energy and retail shares dominated the loser board, with Copec sinking 4.4% and Cencosud falling 2.1%, while SQM-B bucked the trend with a modest 0.7% gain in quiet trading.
