Geopolitics Alpha

Watch Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz

Published . Updated .

Key takeaways

  • Exposed: ECH, BCH, SQM, ENIC, EEM
  • Market reaction: BCH +0.8% on the day (still updating); ECH +0.1% on the day (still updating); EEM +2.8% on the day (still updating)

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GEOPOLITICS ALPHAWatch Chile Is in Recession, ButWill Rebound, Says FinanceMinister QuirozGEOPOLITICS ALPHA

This report is about Chile.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ECH iShares MSCI Chile ETF

    iShares MSCI Chile ETF holds stocks listed in Chile, which this story is about (“chile”).

  • BCH Banco de Chile

    Banco de Chile (commercial banks) is one of the largest Chile-based companies traded in the US, so news about Chile (“chile”) reaches its shares.

  • SQM Sociedad Química y Minera de Chile S.A

    Sociedad Química y Minera de Chile S.A (mining and quarrying of nonmetallic minerals (no fuels)) is one of the largest Chile-based companies traded in the US, so news about Chile (“chile”) reaches its shares.

  • ENIC Enel Chile S.A

    Enel Chile S.A (electric services) is one of the largest Chile-based companies traded in the US, so news about Chile (“chile”) reaches its shares.

  • EEM iShares MSCI Emerging Markets ETF

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Chile, which this story is about.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ECH+1.95%-0.33%base+0.07%after closeafter closeafter close
BCH+0.54%-1.44%base+0.84%after closeafter closeafter close
SQM+5.75%+5.58%base+0.99%after closeafter closeafter close
ENIC+1.15%-0.23%base-1.38%after closeafter closeafter close
EEM+1.72%-2.08%base+2.79%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Watch Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz Bloomberg.com

Source: Bloomberg

The price since 11 Nov 2026: Ishares (ECH) versus the S&P 500

CompanyWhenMoveStatus
Bank Of Chile (BCH)that day+0.84%still updating
Bank Of Chile (BCH)three days earlier-1.44%final price
Bank Of Chile (BCH)five days earlier+0.54%final price
Ishares (ECH)that day+0.07%still updating
Ishares (ECH)three days earlier-0.33%final price
Ishares (ECH)five days earlier+1.95%final price
Ishares Tr (EEM)that day+2.79%still updating
Ishares Tr (EEM)three days earlier-2.08%final price
Ishares Tr (EEM)five days earlier+1.72%final price
Enel Chile S.A (ENIC)that day-1.38%still updating
Enel Chile S.A (ENIC)three days earlier-0.23%final price
Enel Chile S.A (ENIC)five days earlier+1.15%final price
Chemical & Mining Co Of Chile (SQM)that day+0.99%still updating
Chemical & Mining Co Of Chile (SQM)three days earlier+5.58%final price
Chemical & Mining Co Of Chile (SQM)five days earlier+5.75%final price

Who gains and who loses around Ishares (ECH)

Companies mentioned with this story

  • ECH Ishares

    Ishares (ECH) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Watch Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz.” Reason on file: iShares MSCI Chile ETF holds stocks listed in Chile, which this story is about (“chile”)

  • BCH Bank Of Chile

    Bank Of Chile (BCH) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Watch Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz.” Reason on file: Banco de Chile (commercial banks) is one of the largest Chile-based companies traded in the US, so news about Chile (“chile”) reaches its shares

  • SQM Chemical & Mining Co Of Chile

    Chemical & Mining Co Of Chile (SQM) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Watch Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz.” Reason on file: Sociedad Química y Minera de Chile S.A (mining and quarrying of nonmetallic minerals (no fuels)) is one of the largest Chile-based companies traded in the US, so news about Chile (“chile”) reaches its shares

  • ENIC Enel Chile S.A

    Enel Chile S.A (ENIC) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Watch Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz.” Reason on file: Enel Chile S.A (electric services) is one of the largest Chile-based companies traded in the US, so news about Chile (“chile”) reaches its shares

  • EEM Ishares Tr

    In “Watch Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Chile, which this story is about

Ishares (ECH)

The 11 Nov 2026 story “Watch Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz” names Ishares (ECH) because of this story.

Ishares (ECH) is on the page because iShares MSCI Chile ETF holds stocks listed in Chile, which this story is about (“chile”)

Bank Of Chile (BCH) is here too. Its reason reads: Banco de Chile (commercial banks) is one of the largest Chile-based companies traded in the US, so news about Chile (“chile”) reaches its shares

Price levels for Ishares (ECH)

BCH traded between 37.97 and 42.09 across 6 sessions. The latest close on file is 39.43. ECH traded between 34.47 and 37.87 across 20 sessions. The latest close on file is 36.55.

How strong the case is around Ishares (ECH)

40 out of 100Price not final

“Watch Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.