In the final stretch of the year, El Mercurio Inversiones reviewed different IPSA projections for 2024, including that of Felipe Eduardo de Solminihac Aranda, Investment Strategist at our brokerage firm.

He pointed out that "lower interest rate forecasts not only mean a greater potential for multiples to expand, but also lower pressures on access and financing costs, as well as making the attractive dividend yield of local stocks more 'competitive'".

"Investment flows will also contribute, both from institutional and foreign investors, who have been increasing their positions, while still positioning remains light. This with a macro environment and corporate earnings that should improve heading into 2024."