The IPSA (Indice de Precios Selectivo de Acciones) is the main stock market index of the Santiago Stock Exchange, tracking the performance of the 40 most traded stocks in Chile.
Description: The IPSA (Indice de Precios Selectivo de Acciones) is the benchmark stock market index of the Santiago Stock Exchange (Bolsa de Comercio de Santiago). It was launched in 1977 and represents the 40 most liquid and actively traded stocks listed on the exchange. The index is weighted by market capitalization and adjusted for free float. It covers a wide range of sectors including utilities, banking, retail, and mining, reflecting the Chilean economy. The IPSA is used by investors as a proxy for the Chilean equity market and is the underlying for ETFs and derivatives. The Santiago Stock Exchange is one of the oldest in Latin America, founded in 1893.
Established / Launched: 1977
Founder / Issuer: Santiago Stock Exchange (Bolsa de Comercio de Santiago)
