Peru Stocks: Siderperu, Pacasmayo, Buenaventura, Rio Alto

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. New York time.

The Lima General Index rose 0.5 percent to 21,651.12. The MSCI All Peru Capped Index advanced 1.5 percent to 3,195.61.

Utilities and construction-related industry stocks climbed after building association Capeco forecast the construction industry will see a double-digit expansion this year, Jose Luis Bustamante, head of trading at Cartisa SAB, said in a telephone interview.

Empresa Siderurgica del Peru SAA (SIDERC1 PE), a unit of Gerdau SA, Latin America’s largest steelmaker, rose 3.2 percent to 1.92 soles. Cementos Pacasmayo SAA (CPACASC1 PE), the Hochschild Group’s cement producer, rose 2.7 percent to 7.50 soles.

Edegel SA (EDEGELC1 PE), the Peruvian unit of Spain’s Endesa SA, rose 2.6 percent to 1.95 soles.

Copper, gold and silver miners rose as the metals advanced in New York and London.

Rio Alto Mining Ltd. (RIO PE), a Canadian gold exploration company, jumped 7.3 percent to $1.90 after completing a $20 million private placement. Cia. de Minas Buenaventura SAA (BVN PE), the country’s biggest precious-metals miner, gained 3.7 percent to $52.90. Sociedad Minera Cerro Verde SA (CVERDEC1 PE), a unit of Freeport-McMoRan Copper & Gold Inc., gained 2.1 percent to $43.90. Soc. Minera El Brocal SAA (BROCALC1 PE), a silver and zinc producer, rose for a sixth day, adding 3.8 percent to 55 soles, a three-year high.

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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