Bloomberg News

Peru Stocks: Atacocha, Candente, Intergroup, Maple, Minera IRL

February 02, 2012

Feb. 2 (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. New York time.

The Lima General Index rose for the ninth straight session, gaining 1.4 percent to 22,686.68. The MSCI All Peru Capped Index climbed 0.5 percent to 2,854.15.

Industrial, banking and mining stocks surged after U.S. equities and precious metals gained in New York, BBVA Banco Continental’s Chief Executive Officer Jorge Ramos said in a telephone interview.

Empresa Agroindustrial Pomalca SA (POMALCC1 PE), a sugar producer, jumped 16 percent to 65 centimos. Candente Copper Corp. (DNT PE), a Canadian exploration company, rose 9.4 percent to $1.16. Maple Energy Plc (MPLE PE), the oil and natural gas producer with operations in Peru, gained 8.2 percent to $1.32, a two-year high. Intergroup Financial Services Corp. (IFS PE), the owner of Peru’s fourth-largest bank, climbed 5 percent to $30.35 after Chief Financial Officer Jose Antonio Rosas said banking fees will rise 10 percent this year. Cia. Minera Atacocha SA (ATACOBC1 PE), the Lima-based zinc mining company, advanced 4.8 percent to 88 centimos. Minera IRL Ltd. (MIRL PE), a U.K. minerals explorer with a gold mine in Peru, rose 4.5 percent to $1.17.

--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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