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Peru Stocks: Alturas, Credicorp, Minera IRL, Southern Copper

The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 1:21 p.m. New York time.

The Lima General Index (IGBVL) gained 1.2 percent to 20,193.02. The MSCI All Peru Capped Index (MXPECAPD) climbed 1.5 percent to 2,604.15.

Banks and industrial shares gained amid a global rally in equities, said Inteligo SAB portfolio manager Gonzalo Alvarez.

Credicorp Ltd. (BAP) , Peru’s largest financial-services company, rose 3.7 percent to $108.50. Corp. Aceros Arequipa SA (CORA) (CORAREI1 PE), the Lima-based steelmaker, climbed 2.1 percent to 1.97 soles. Grana y Montero SA (GRAMONC1 PE), Peru’s largest construction firm, gained 2 percent to 6.73 soles. Scotiabank Peru SA (SCOTIAC1) (SCOTIAC1 PE), the local unit of Canada’s third-largest bank, rose 1.4 percent to 36.50 soles.

Miners surged after metals advanced in New York and London.

Alturas Minerals Corp. (ALT) , a Canadian copper and gold exploration company, rose 11 percent to 10 cents. Rio Cristal Resources Corp. (RCZ) , a Canadian exploration company, gained 10 percent to 11 cents. Minera IRL Ltd. (MIRL) , a U.K. gold miner with a mine in Peru, advanced 5.9 percent to $1.08. Panoro Minerals Ltd. (PML) , a Canadian exploration company, climbed 5 percent to 42 cents. Southern Copper Corp. (PCU\C) (SCCO PE), Peru’s biggest copper producer, rose 2.8 percent to $31.83.

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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