Chile’s IPSA took a Friday hit — what could move Santiago stocks next week
Chile’s S&P/CLX IPSA index fell 1.47% Friday to 10,887.71, narrowing its weekly gain to 0.3% as global rate expectations shifted after U.S. producer prices rose more than forecast. Copper prices slipped and lithium producer SQM posted a 53% jump in Q4 net profit. Chile’s central bank will release January’s IMACEC activity index on March 2.