The IPSA, Chile's main stock index, has continued its upward trajectory in 2025, reaching over 8,000 points and closing at its 30th all-time high of the year. In April, the IPSA was the second-best performing stock market in the region. The index opened at a record above 8,100 points following strong quarterly results from Falabella and announcements of ongoing trade discussions between the United States and China. By May 7, the IPSA approached an unprecedented 8,200 points, buoyed by Falabella's results, Chinese stimulus measures, and the Washington-Beijing talks. The index closed near 8,200 points, having set more than 30 new highs during the year. The Bolsa de Santiago also recorded a new peak above 8,140 points, with shares of Falabella rising while those of Sociedad Quimica y Minera de Chile (SQM) declined. Market optimism was further supported by gains on Wall Street, and the IPSA maintained its record levels amid positive trade outlooks. Technical analyses highlight several Spanish and regional stocks of interest, including IAG, Grifols, Banco Sabadell, Amper, Dominion, Ence, Grupo San José, Nextil, Inditex, and others. Investor focus remains on growth-oriented proposals in the context of the 2025 electoral year.