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Peru Stocks: Buenaventura, Cerro Verde, Simsa, Southern Copper

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Dec. 28 (Bloomberg) -- The following companies had unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 4:11 p.m. New York time.

The Lima General Index gained 0.4 percent to 23,057.30. The MSCI All Peru Capped Index rebounded 0.2 percent to 3,244.62.

Copper and zinc producers gained after the metals advanced in New York and London, said Ernesto Ferrand, a trader at Lima-based brokerage Andes Securities SAB.

Sociedad Minera Cerro Verde SA (CVERDEC1 PE), a unit of Freeport-McMoRan Copper & Gold Inc., rose 1.9 percent to a record $53. Cia. Minera de San Ignacio de Morococha SA (MOROCOI1 PE), the Lima-based zinc producer, gained 2.2 percent to 93 centimos. Southern Copper Corp. (SCCO PE), Peru’s biggest copper producer, rose 1.2 percent to $48.31.S

Gold miners rose after futures gained the most in a month in New York.

Minera IRL Ltd. (MIRL PE), a U.K. minerals explorer with a gold mine in Peru, rose 3.9 percent to $1.35. Rio Alto Mining Ltd. (RIO PE), a Canadian gold exploration company, gained 1.7 percent to a record $2.34. Cia. de Minas Buenaventura SAA (BVN PE), the country’s biggest precious-metals miner, rose 1.7 percent to $48.45. Gold Fields La Cima SA (LACIMAI1 PE), a unit of Gold Fields Ltd., rose 1.2 percent to 3.44 soles, the highest price since August 2008.

Casa Grande (CASAGRC1 PE), Peru’s largest sugar producer and a unit of Gloria SA, rose 1.9 percent to 16.55 soles after futures jumped to a 30-year high in New York.

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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