Bloomberg News

Peru Stocks: Alturas, Ferreyros, Intergroup, Panoro Minerals

March 01, 2012

The following companies had unusual price changes in Peru trading. Stock symbols are in parentheses and prices are as of 4:10 p.m. Lima time.

The Lima General Index (IGBVL) rose 1.1 percent to 22,982.85. The MSCI All Peru Capped Index (MXPECAPD) gained 1.3 percent to 2,895.84.

Alturas Minerals Corp. (ALT) , a Canadian copper and gold exploration company, rose 9.1 percent to 12 cents after copper advanced to the highest since Feb. 9.

Ferreyros SA (FERREYC1) (FERREYC1 PE), the Lima-based distributor for Caterpillar Inc., jumped 5.6 percent to 2.99 soles after U.S. stocks advanced, said BBVA Continental SAB’s Chief Executive Officer Jorge Ramos.

Panoro Minerals Ltd. (PML) , a Canadian gold and copper exploration company, gained for a fifth session, adding 5.3 percent to 80 cents, a five-year high. Gold futures rebounded from yesterday’s decline.

Intergroup Financial Services Corp. (IFS) , the owner of Peru’s fourth-largest bank Interbank, rose 5.1 percent to $31 after the central bank said bank lending increased 19 percent in January.

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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