The main stock market index in Chile, the IGPA, has experienced significant gains, climbing 1214 points or 3.86% since the start of 2024. This movement is based on trading activity involving a contract for difference (CFD) that mirrors this benchmark index.
Looking ahead, analysts and global macro models predict that the Chilean Stock Market (IGPA) will reach 32258.14 points by the end of the current quarter. Over a longer horizon, it is estimated to trade at 31510.37 points over the next 12 months, signaling ongoing investor confidence and market resilience.