Bloomberg News

Peru Stocks: Buenaventura, GyM, IRL, Maple, Pomalca, Relapasa

February 17, 2012

Feb. 17 (Bloomberg) -- The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 12:45 p.m. Lima time.

The Lima General Index rose for a third session, gaining 0.3 percent to 22,434.26. The MSCI All Peru Capped Index climbed 0.4 percent to 2,830.15.

Industrial and mining stocks gained as investors bet European leaders will help Greece avoid a default next week, said Roberto Flores, head of research at Lima-based brokerage Inteligo SAB.

Minera IRL Ltd. (MIRL PE), a U.K. minerals explorer with a gold mine in Peru, rose 1.8 percent to $1.15 after announcing the start of an exploration tunnel at its Ollaechea project. Empresa Agroindustrial Pomalca SA (POMALCC1 PE), a sugar producer, advanced 1.7 percent to 61 centimos. Cia. de Minas Buenaventura SAA (BVN PE), the country’s biggest precious-metals miner, climbed 1.5 percent to $41.10. Grana y Montero SA (GRAMONC1 PE), Peru’s largest construction firm known as GyM, rose 1.4 percent to 7.05 soles.

Refiners gained after crude futures advanced for a third session in New York.

Refineria la Pampilla SA (RELAPAC1 PE), a unit of Spain’s Repsol YPF SA known as Relapasa, rose 2 percent to 1.02 soles. Maple Energy Plc (MPLE PE), the oil and natural gas producer with operations in Peru, climbed 1.5 percent to $1.37.

--Editors: Richard Richtmyer, Brendan Walsh

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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