Bloomberg News

Peru Stocks: Atacocha, Credicorp, Casa Grande, Telefonica

May 22, 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 0.2 percent to 20,726.59. The MSCI All Peru Capped Index climbed 0.8 percent to 2,676.25.

Telefonica del Peru SAA (TELEFBC1 PE) jumped 5.1 percent to 2.05 soles, in line with gains by its parent company Telefonica SA in Madrid, said Francisco Miranda, an analyst at Lima-based investment fund NC&F Inversiones SA.

Cia. Minera Atacocha SA (ATACOBC1 PE), the Lima-based zinc and lead mining company, rose 4.2 percent to 50 centimos after the metals advanced in London.

Credicorp Ltd. (BAP:US) , Peru’s largest financial-services company, gained 2.4 percent to $122.20 after Peru’s Banking Association said credit card spending jumped 26 percent in April from a year ago.

Casa Grande (CASAGRC1) (CASAGRC1 PE), Peru’s largest sugar producer and a unit of Gloria SA, gained 0.7 percent to 15 soles after BBVA Banco Continental analyst German Estrada raised the stock to the equivalent of buy from neutral.

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

  • BAP
    (Credicorp Ltd)
    • $160.35 USD
    • -1.30
    • -0.81%
Market data is delayed at least 15 minutes.
 
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