Bloomberg News

Peru Stocks: Candente, Credicorp, Ferreyros, Pomalca, Relapasa

December 15, 2011

Dec. 15 (Bloomberg) -- The following companies had unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 4:10 p.m. Lima time.

The Lima General Index rose for the first session in seven, gaining 0.4 percent to 19,389.82. The MSCI All Peru Capped Index climbed 0.6 percent to 2,474.88.

Industrial and banking shares rebounded after U.S. stocks gained, said Jorge Ramirez, a trader at Lima-based brokerage Coril SAB.

Empresa Agroindustrial Pomalca SA (POMALCC1 PE), a sugar producer, rose 4.1 percent to 51 centimos. Credicorp Ltd. (BAP PE), Peru’s largest financial-services company, gained 2 percent to $104. Refineria la Pampilla SA (RELAPAC1 PE), a unit of Repsol YPF SA, climbed 1.1 percent to 89 centimos. Ferreyros SA (FERREYC1 PE), the Lima-based distributor for Caterpillar Inc., advanced 1.8 percent to 2.30 soles.

Mining stocks gained after metals advanced in London.

Rio Cristal Resources Corp. (RCZ PE), a Canadian exploration company, rose 10 percent to 11 cents. Candente Copper Corp. (DNT PE), a Canadian mining exploration company with operations in Peru, advanced 7.7 percent to 98 cents. Cia. de Minas Buenaventura SAA (BVN PE), the country’s biggest precious-metals miner, climbed 2 percent to $38.25 after the government agreed to resume talks with protesters opposing the company’s Minas Conga project. Southern Copper Corp. (SCCO PE), Peru’s biggest copper producer, rose 0.8 percent to $29.14.

--Editor: Glenn J. Kalinoski

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


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