Industrial and mining stocks gained as investors bet fourth-quarter earnings will beat forecasts, said Leoncio Altamirano, a trader at Lima-based Juan Magot y Asociados SAB.
Panoro Minerals Ltd. (PML) , a Canadian exploration company, climbed 5.1 percent to 41 cents. Maple Energy Plc (MPLE) , the oil and natural gas producer with operations in Peru, rose 4.4 percent to $1.18. Grana y Montero SA (GRAMONC1) (GRAMONC1 PE), Peru’s largest construction firm, gained 3.2 percent to 6.50 soles. Rio Alto Mining Ltd. (RIO) , a gold producer, rose for a sixth session, adding 2 percent to $3.60. Cementos Pacasmayo SAA (CPACASC1) (CPACASC1 PE), the Hochschild Group’s cement producer, rose 1.8 percent to 5.75 soles after disclosing plans for a $250 million American depositary receipt issue.
Southern Copper Corp. (PCU\C) (SCCO PE), the country’s biggest producer of the metal, fell for a fourth day, sliding 1.6 percent to $30.50 after copper declined in New York.
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