Bloomberg News

Peru Stocks: Candente Copper, Minsur, Casa Grande Decline

October 11, 2011

Oct. 11 (Bloomberg) -- The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 12:15 p.m. Lima time.

The Lima General Index fell 0.5 percent to 18,176.25. The MSCI All Peru Capped Index retreated 0.2 percent to 2,388.38.

Mining companies dropped as copper and gold prices eased after European Central Bank President Jean-Claude Trichet said the debt crisis threatens the region’s financial system.

Candente Copper Corp. (DNT PE), the Canadian mining exploration company with operations in Peru, fell the most in a week, retreating 3.7 percent to $1.03. Minsur SA (MINSURI1 PE), the world’s fourth-largest tin producer, declined 1.2 percent to 2.53 soles. Ferreyros SA (FERREYC1 PE), Peru’s largest heavy goods machinery distributor, fell 2.6 percent to 2.29 soles.

Casa Grande (CASAGRC1 PE), Peru’s largest sugar producer, dropped the most in a week, falling 1.5 percent to 13.50 soles as the sweetener fell in New York.

--Editors: Marie-France Han, Glenn J. Kalinoski

To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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