Chilean stocks closed slightly higher in sleepy holiday season trade on Friday, in tune with Wall Street's modest gains, while the peso slipped against the dollar. Chile's blue chip IPSA index rose 0.51 percent to close at 2,350.46, while the all-market IGPA advanced 0.37 percent to 11,230.59, preliminary closing figures showed.
US indexes were supported in thin volume as rising oil prices lifted energy shares and General Motors climbed after its financing arm qualified for government funds.
Chilean stocks were led higher by industrial conglomerate Copec, the top-weighted issue on the IPSA, as its shares rose 1.08 percent, while regional retail giant Falabella advanced 1.85 percent.
Chile's peso, which has risen against the dollar over recent weeks, declined 0.33 percent to close at 627.80/628.30 per dollar, compared with Wednesday's close at 625.70/626.20.