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Lima Stock Exchange closes with profits and resists geopolitical uncertainty

Lima Stock Exchange closes with profits and resists geopolitical uncertainty

Lima Stock Exchange closes with profits and resists geopolitical uncertainty

Lima, March 1, 2022Updated on 03/01/2022 06:43 pm

The Lima Stock Exchange (BVL) ended the day on Tuesday in positive territory, amid the fall in international markets due to the uncertainty that the conflict between Russia and Ukraine continues to generate.

At the end of the operations, the S&P/BVL Peru General Index, the most representative of the Lima stock market, advanced by 1.68% to 24,148.33 points.

For its part, the S&P/BVL Peru Selective Index, which is made up of the most traded shares in the local market, rose by 1.92% and stood at 640.37 units.

Investors weighed intensifying Russian attacks on Ukraine and a spate of new sanctions by the West on the one hand, while on the other the likelihood that geopolitical uncertainty could throw the Fed off course for an aggressive first strike. in interest rates”, said César Romero, head of Renta4 Research.

Romero indicated that a rebound in mining shares was observed. Meanwhile, the falls were general and no particular sector was observed showing greater setbacks.

Among the actions that recorded the greatest advances were those of Minsur (+7.02%), Buenaventura (+4.57%) and InRetail Perú (4.52%). On the other side of the table were the papers of Aceros Arequipa (-3.19%), Banco BBVA Perú (-2.24%) and Hidrandina (-1.92%).

Source: Elcomercio

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