Peru's Main Stock Indexes End Lower; Sol Strengthens

LIMA (Dow Jones)--Peru's main stock market indexes ended lower Thursday as weak metals prices dragged down various mining company shares.

The Lima Stock Exchange's broad General index ended 0.95% lower at 14273.64.

The Selective blue-chip index ended 1.18% weaker at 23123.05.

The mining subindex fell 1.03%.

Precious metals miner Compania de Minas Buenaventura SAA (BUENAVC1.Vl) weakened 3.3% to end at 115.50 soles ($40.17) as gold prices eased.

Copper miner Sociedad Minera Cerro Verde SAA(CVERDEC1.VL) lost 0.4% to end at $23.55 as copper prices eased, while base metals miner Southern Copper Corp. (PCU) declined 3.5% to end at $34.95.

Peru's sol strengthened a bit, ending at PEN2.875 per U.S. dollar.

The sol ended the previous session at PEN2.880 per U.S. dollar.

The Central Reserve Bank of Peru didn't intervene in the foreign exchange market.

So far this year the sol has strengthened by 8.32% against the greenback.

Source: wsj.com/