Bloomberg News

Peru Stocks: Candente, El Brocal, Panoro, Pomalca, Southern

December 29, 2011

Dec. 29 (Bloomberg) -- The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 12:37 p.m. local time.

The Lima General Index was little changed at 19,261.67. The MSCI All Peru Capped Index gained 0.2 percent to 2,484.87.

Copper miners dropped after futures declined in London, said Inteligo SAB analyst Rodrigo Zuazo.

Panoro Minerals Ltd. (PML PE), a Canadian exploration company, fell 5.4 percent to 35 cents. Candente Copper Corp. (DNT PE), a Canadian exploration company, slid 1.1 percent to 92 cents. Southern Copper Corp. (SCCO PE), Peru’s biggest copper producer, dropped for a third session, losing 1 percent to $29.90.

Sociedad Minera El Brocal SAA (BROCALC1 PE), a zinc and silver producer, rose 1.3 percent to 47 soles after zinc gained in London and the Stock Exchange said the company will enter the Lima Selective Share Index.

Empresa Agroindustrial Pomalca SA (POMALCC1 PE), a sugar producer, advanced 2.1 percent to 49 centimos after futures gained in New York.

--Editor: 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


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