Lima stock market closes with profits after Fed announcement on interest rate hike

The Lima Stock Exchange (BVL) ended the day on Wednesday in positive territory in tune with the markets in the region, due to a recomposition of investor portfolios after the US Federal Reserve announced a rate hike of 0.75 points , the largest increase since 1994.

At the close of trading, the S&P/BVL Peru General, the most representative of the Lima stock market, rose by 1.13% to 19,784.71 points.

Similarly, the S&P Index/BVL Peru Selective, which is made up of the most traded shares in the local market, advanced by 0.67% and was placed at 521.54 units.

During the session, a traded amount of S/ 34.1 million was reported in 340 operations. In addition, shares of 69 companies were listed, of which 25 rose, 23 fell and 21 did not show any variation.

The sectors that had gains were: financial (2.40%), mining (1.19%), construction (0.45%) and industrial (0.31%). Meanwhile, those that ended in negative are electricity (-1.03%) and services (-1.03%) and consumption (-0.77%).

Among the local stocks that rose the most were Cartavio (9.12%), Intercorp Financial Services Inc (5.48%), Cervecería San Juan (4.77%), Trevali Mining Corporation (4.26%) and Compañía de Minas Bonaventure (4.08%).

On the contrary, those that fell the most are those of Alturas Minerals Corp (-17.65%), Corporación Aceros Arequipa (-3.33%), Engie Energía Perú (-1.94%), Alicorp (-0.92 %) and Compañía Minera San Ignacio de Morococha (-0.90%).