IPSA closes at nearly five-month low as Latam shares plunge after Brazil's electoral upset

FinanceInternationalDiario FinancieroOct 26, 2026, 3:03 PM40 s readAI summary

The Chilean stock market closed lower on Monday: the MSCI IPSA fell 1.6% to 10,575.69 points, its third straight losing session and its lowest level since June 10, after Lula da Silva's presidential victory in Brazil. Enel Américas (-8.6%) and Latam (-5.8%) led the declines. The airline traded more than 106 billion pesos, nearly half of national equity flow. The Bovespa plunged 13.9% in Sao Paulo and Colombia's Colcap fell 1.9%, while Wall Street rose.

In 40 seconds

The MSCI IPSA lost 1.6% to 10,575.69 points, its lowest since June 10 and a third consecutive session of declines.
Enel Américas (-8.6%) and Latam (-5.8%) were the hardest-hit stocks in the Chilean index due to their exposure to Brazil.
Latam traded more than 106 billion pesos, about half the flow of all national equities.

Read the full story at Diario Financiero

IASummary generated by artificial intelligence from a story by Diario Financiero. It may contain errors: the original source prevails.

IPSA
Bovespa
Latam
elecciones Brasil
mercados

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IPSA closes at nearly five-month low as Latam shares plunge after Brazil's electoral upset

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IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day