Bloomberg News

Peru Stocks: Casa Grande, Panoro, Rio Alto, Telefonica

April 17, 2012

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

The Lima General Index (IGBVL) rose 0.4 percent to 23,361.21. The MSCI All Peru Capped Index climbed 0.2 percent to 2,965.03.

Telefonica del Peru SAA (TELEFBC1 PE), the local unit of Telefonica SA, rose 2.2 percent to 2.30 soles after U.S. stocks gained, said Estefany Castillo, an analyst at Scotiabank Peru.

Rio Alto Mining Ltd. (RIO) , a Canadian gold miner, gained 3.4 percent to $4.50 after gold rebounded in New York. Rio said its La Arena gold mine aims to triple output to 160,000 ounces of gold this year.

Casa Grande (CASAGRC1) (CASAGRC1 PE), Peru’s largest sugar producer and a unit of Gloria SA, advanced 2.9 percent to 17.50 soles after sugar rose in New York.

Minsur SA (MINSURI1) (MINSURI1 PE), the world’s fourth-largest tin producer, climbed 1.7 percent to 2.95 soles after tin gained in London.

Panoro Minerals Ltd. (PML) , a Canadian copper and gold exploration company, rose 1.3 percent to 76 cents after copper gained for a second day in New York.

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


Video Game Avenger
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus