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.

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/