Chile's stocks fell on Friday in low volume as Thursday's deadly train bombings in Madrid weighed on investor sentiment, analysts said.
The IPSA blue-chip index fell 0.8 percent to 1,484.66 points, accumulating a week-long drop of 3.76 percent. The broader IGPA index slipped 0.7 percent to 7,605.19 points.
"The stock market fell today due to attacks (in Spain), even though there was not a huge wave of sales," said Eliodoro Suarez, analyst with Chilemarket brokerage. "Investors are being cautious, a trend that is likely to continue next week as we wait for news about those responsible."
Telecoms firm Telefonica CTC Chile, one of the most weighty stocks in the IPSA, beat the trend and rose slightly during the session before closing flat at 1,965 pesos per share. Analysts said the stock was still correcting after heavy falls this week following a preliminary government decision to cut rates for fixed-line telephone clients.
Turnover was light at $18.1 million.
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