Bloomberg News

Peru Stocks: Atacocha, Credicorp, IRL, Minsur, Panoro Advance

January 31, 2012

Jan. 31 (Bloomberg) -- The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 1:51 p.m. in Lima.

The Lima General Index rose for a seventh session, gaining 0.3 percent to 21,910.88. The MSCI All Peru Capped Index climbed 0.2 percent to 2,795.54.

Copper, gold and tin miners rose after metals surged this month and Peru’s state development bank launched its first overseas debt issue today, said Eduardo Fernandini, a trader at Lima-based Kallpa Securities SAB.

Minsur SA (MINSURI1 PE), the world’s fourth-largest tin producer, advanced 2.4 percent to 3.03 soles. Minera IRL Ltd. (MIRL PE), a U.K. minerals explorer with a gold mine in Peru, gained 1.8 percent to $1.14. Panoro Minerals Ltd. (PML PE), a Canadian copper and gold exploration company, rose 1.6 percent to 63 cents. Cia. Minera Atacocha SA (ATACOBC1 PE), the Lima- based zinc mining company, climbed 1.2 percent to 82 centimos.

Credicorp Ltd. (BAP PE), Peru’s largest financial-services company, rose 1.1 percent to $112.24. The company is scheduled to release fourth-quarter earnings Feb. 2.

--Editors: Richard Richtmyer, 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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