The following companies are having unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 1:05 p.m. Lima time.
Rio Alto Mining Ltd. (RIO) , a Canadian gold miner, jumped 5.2 percent to $4.69 as investors bet the stock will gain following expansion work at the company’s Peruvian mine, said Jose Luis Bustamante, head of trading at Cartisa SAB.
Maple Energy Plc (MPLE) , the oil and natural gas producer with operations in Peru, climbed 2.3 percent to $1.33 after announcing it secured $17.5 million in financing for an ethanol project.
Grana y Montero SA (GRAMONC1 PE), Peru’s largest construction firm known as GyM, gained 1.8 percent to a record 7.50 soles after the National Statistics Institute reported both public spending and cement sales rose on construction demand in January.
Ferreyros SA (FERREYC1) (FERREYC1 PE), the Lima-based distributor for Caterpillar Inc., rose for a fourth session, adding 1.3 percent to 3.03 soles, on rising demand for mining equipment, Bustamante said.
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