Bloomberg News

Peru Stocks: Atacocha, Credicorp, Milpo, Panoro, Southern

April 13, 2012

The following companies had unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of the close.

The Lima General Index (IGBVL) fell 0.6 percent to 23,335.66. The MSCI All Peru Capped Index (MXPECAPD:US) slid 1 percent to 2,966.03.

Cia. Minera Atacocha SA (CMA\B) (ATACOBC1 PE), the Lima-based zinc mining company, fell for a fourth session, losing 2.6 percent to 75 centimos, a three-year low, after zinc futures declined in London.

Cia. Minera Milpo (MILPOC1) (MILPOC1 PE), a silver and zinc producer controlled by Sao Paulo-based Votorantim Metais Ltda., dropped 1.5 percent to 5.10 soles.

Southern Copper Corp. (PCU\C) (SCCO PE), Peru’s biggest copper producer, fell for the fourth session in five, losing 1.9 percent to $31.05 after copper posted the biggest weekly decline since mid-December.

Panoro Minerals Ltd. (PML) , a Canadian copper and gold exploration company, slid 1.3 percent to 74 cents.

Credicorp Ltd. (BAP) , Peru’s largest financial-services company, dropped 1.8 percent to $131. Credicorp’s American depositary receipts fell in New York as financial companies led U.S. stock declines, said Jorge Rodriguez, an analyst at Lima- based brokerage Kallpa Securities SAB.

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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Companies Mentioned

  • MXPECAPD
    (MSCI All Peru Capped Index)
    • $2401.24 USD
    • 2.39
    • 0.1%
Market data is delayed at least 15 minutes.
 
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