Bloomberg News

Peruvian Stock Movers: Ferreyros, Minsur, Relapasa, Rio Alto

March 05, 2012

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. Lima time.

The Lima General Index (IGBVL) fell 0.8 percent to 22,967.30. The MSCI All Peru Capped Index (MXPECAPD) dropped 0.6 percent to 2,886.75.

Rio Alto Mining Ltd. (RIO) , a Canadian gold miner, fell for the fourth session in five, losing 3.2 percent to $4.54 after futures declined for a second day in New York.

Ferreyros SA (FERREYC1) (FERREYC1 PE), the Lima-based distributor for Caterpillar Inc., dropped for the first session in five, losing 2.3 percent to 2.98 soles as local investors speculated a rally in February was overdone, said Carlos Rojas, a trader at Andino Asset Management SAC. The shares traded at 9.3 times earnings on March 2, compared with 7 times earnings a year earlier, according to Bloomberg data.

Minsur SA (MINSURI1) (MINSURI1 PE), the world’s fourth-largest tin producer, slid 2.6 percent to 3.05 soles after tin declined for the third session in four in London.

Refineria la Pampilla SA (RELAPAC1 PE), a unit of Repsol YPF SA known as Relapasa, fell 1.9 percent to 1.02 soles after natural gas futures dropped 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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