Chile's benchmark IPSA index showed resilience on July 2, easing just 0.18% to hold above its recent breakout level.
The modest decline marks a second consecutive session of minimal movement, suggesting a period of consolidation after recent gains.
Copper prices remained firm during the session, providing underlying support for the mining-heavy index.
The stability in the metal's price helped offset broader market caution, allowing the IPSA to maintain its footing.
Meanwhile, the Chilean peso held steady against the dollar, reducing currency headwinds for local equities.
This quiet trading day follows a period of stronger performance for the Chilean market.