Bloomberg News

Peru Stocks: Credicorp, Maple Energy, Panoro, Southern Copper

February 28, 2012

The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and prices are as of 12:34 p.m. Lima time.

The Lima General Index (IGBVL) rose for the first session in five, gaining 0.2 percent to 22,781.42. The MSCI All Peru Capped Index (MXPECAPD) climbed 0.5 percent to 2,896.25.

Panoro Minerals Ltd. (PML) , a Canadian copper and gold exploration company, gained for a third session, adding 2.7 percent to 75 cents after copper rose to a two-week high in New York, said Francisco Miranda, an analyst at Lima-based investment fund NC&F Inversiones SA.

Southern Copper Corp. (PCU\C) (SCCO PE), Peru’s biggest copper producer, climbed 1.8 percent to $33.30.

Credicorp Ltd. (BAP) , Peru’s largest financial-services company, advanced 1.6 percent to $123.50 after the country’s Banking Association said corporate lending rose 7 percent in January from the previous year.

Maple Energy Plc (MPLE) , the oil and natural gas producer with operations in Peru, fell 2.3 percent to $1.27 after crude declined in New York.

To contact the reporter on this story: Alex Emery in Lima at

To contact the editor responsible for this story: David Papadopoulos at

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