Bloomberg News

Peru Stocks: Atacocha, Credicorp, Maple, Minsur, Southern Copper

February 03, 2012

Feb. 3 (Bloomberg) -- The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and prices are as of 2:40 p.m. Lima time.

The Lima General Index rose for a 10th straight session, gaining 1.1 percent to 22,947.14. The MSCI All Peru Capped Index climbed 1.1 percent to 2,884.64.

Banks, miners and industrial shares surged after U.S. stocks and metals gained, said Arlen Lahura, a trader at Lima- based brokerage Coril SAB.

Austral Group SA (AUSTRAC1 PE), a unit of Austevoll Seafood ASA, rose 6.9 percent to 31 centimos. Maple Energy Plc (MPLE PE), the oil and natural gas producer with operations in Peru, gained 6.8 percent to $1.41, a two-year high. Cia. Minera Atacocha SA (ATACOBC1 PE), the Lima-based zinc mining company, advanced for a fourth session, adding 4.5 percent to 92 centimos. Southern Copper Corp. (SCCO PE), Peru’s biggest copper producer, climbed 3.2 percent to $35.45. The company is expected to publish fourth-quarter earnings next week. Credicorp Ltd. (BAP PE), Peru’s largest financial-services company, rose 3.1 percent to $117, a 12-month high, after reporting fourth-quarter net income jumped 46 percent to $189.2 million. Minsur SA (MINSURI1 PE), the world’s fourth-largest tin producer, advanced 2.9 percent to 3.18 soles.

--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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