Thursday, July 21, 2011

Lima Stock Exchange

Bolsa de Valores de Lima (BVL) is the stock exchange of Peru, situated in the capital Lima. It has several indices. The IGBVL (Indice General Bolsa de Valores) is a value-weighted index that tracks the performance of the largest and most actively traded stocks on the Lima Exchange.
Other indices are ISBVL (Indice Selectivo Bolsa de Valores) and ISP-15

The broad General Index closed 1.91% higher, at 19,831.08.

The blue-chip Selective Index ended 2.02% stronger, at 27,607.49.

Copper miner Sociedad Minera Cerro Verde SAA (CVERDEC1.VL) rose 2.81% to end at $38.06 as copper prices gained.

Base metals miner Southern Copper Corp. (SCCO) increased 5.77% to end at $33.00.

Tin miner Minsur SA (MINSURI1.VL) gained 2.65% to end at 3.49 soles. ($1.27)

Meanwhile, the Central Reserve Bank of Peru intervened in the foreign-exchange market on Thursday to purchase $15 million at an average of PEN2.7424 per U.S. dollar.

The central bank intervenes to smooth out volatility in the exchange market.

The sol closed stronger at PEN2.744 per dollar, compared with PEN2.746 in the previous trading session.

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