Peru Stocks: Aceros Arequipa, Credicorp, Panoro, Telefonica
The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 11:50 a.m. Lima time.
Industrial and banking stocks gained after European leaders agreed on a debt bailout for Greece, said Estefany Castillo, an analyst at Scotiabank Peru.
Corp. Aceros Arequipa SA (CORA) (CORAREI1 PE), the Lima-based steelmaker, rose 3.4 percent to 2.40 soles. Telefonica del Peru SAA (TELEFBC1 PE), the local unit of Telefonica SA, advanced 2.1 percent to 2.45 soles. Edegel SA (EDE) (EDEGELC1 PE), the Peruvian unit of Spain’s Endesa SA, gained 2.1 percent to 1.98 soles. Credicorp Ltd. (BAP) , Peru’s largest financial-services company, climbed 1.6 percent to $122.50.
Panoro Minerals Ltd. (PML) , a Canadian copper and gold exploration company, rose 3.1 percent to 66 cents. Southern Copper Corp. (PCU\C) (SCCO PE), Peru’s biggest producer of the metal, climbed 2.3 percent to $32.85. Minsur SA (MINSURI1) (MINSURI1 PE), the world’s fourth-largest tin producer, gained 2.3 percent to 3.10 soles. Sociedad Minera Cerro Verde SA (CVERDEC1) (CVERDEC1 PE), a unit of Freeport-McMoRan Copper & Gold Inc., advanced 2.3 percent to $40.50. Cia. de Minas Buenaventura SAA (BVN PE), the country’s biggest precious-metals miner, rose 1.8 percent to $42.05. The company is scheduled to report fourth-quarter earnings Feb. 28.
To contact the editor responsible for this story: David Papadopoulos at email@example.com
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.