Key Facts

The S&P IPSA, Santiago’s main stock index, closed 0.11% higher at 11,269 points clinging to a narrow gain despite a softening Chilean peso.

The Chilean peso, USD/CLP, weakened 0.50% to 917.27 per dollar slipping against a slightly firmer US currency bucket measured by the DXY index.

Lithium producer SQM-B was the session’s most-traded name, adding 1.8% on turnover of $17 million after the government capitalised Codelco’s retained profits from their lithium partnership.

Heavyweight bank BSantander jumped 2.0% providing ballast for the index and offsetting a 3.9% slide in regional airline LTM.