Bloomberg News

Peru Stocks: Buenaventura, Candente, Maple, Rio Alto, Volcan

October 28, 2011

Oct. 28 (Bloomberg) -- The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 1:40 p.m. local.

The Lima General Index rose for a third session, adding 0.1 percent to 20,029.39. The MSCI All Peru Capped Index gained 0.4 percent to 2,663.81.

Copper and zinc miners gained after metals advanced in New York and London, said Hernando Pastor, an analyst at Lima-based Juan Magot y Asociados SAB.

Volcan Cia. Minera SAA (VOLCABC1 PE), Peru’s largest zinc producer, rose 2.2 percent to 2.74 soles. Cia. de Minas Buenaventura SAA (BVN PE), the nation’s largest precious metals producer, climbed 1.7 percent to $43. The company is scheduled to publish third-quarter earnings after market close today. Rio Alto Mining Ltd. (RIO PE), a Canadian gold exploration company, gained 1.8 percent to $2.89. Candente Copper Corp. (DNT PE), a Canadian exploration company, rose 0.9 percent to $1.18.

Fuel refiners slumped after crude futures in New York declined.

Maple Energy Plc (MPLE PE), the oil and natural gas producer with operations in Peru, dropped 2.7 percent to $1.09. Refineria la Pampilla SA (RELAPAC1 PE), a unit of Spain’s Repsol YPF SA known as Relapasa, fell 2.3 percent to 85 centimos.

--Editors: Brendan Walsh, Richard Richtmyer

To contact the reporter on this story: Alex Emery in Lima at aemery1@bloomberg.net;

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


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus