Lima Stock Market closes lower due to concern about the strength of the US economy.

The Lima Stock Exchange (BVL) closed the session on Monday with losses, due to the persistent concern of investors about US inflation after employment data published last week, to which other readings from the services sector were added. that boosted the dollar.

At the end of the operations, the S&P/BVL Peru General Index, the most representative of the Lima stock market, fell 1.25% with 22,059.03 points.

Similarly, the S&P/BVL Peru Selective Index, which is made up of the most traded shares in the market, fell by 1.88% and stood at 575.75 units.

During the session, shares of 61 companies were quoted, of which 17 rose, 31 fell and 13 did not register any variation.

All sectors presented losses and they were: financial (-1.13%), consumption (-0.96%), services (-0.83%), electricity (-0.83%), industrial (-0.71 %), mining (-0.68%) and construction (-0.41%).

Among the local stocks that rose the most were Cementos Pacasmayo (1.25%), Luz del Sur (1.16%) and Unacem (0.58%).

In contrast, those that fell are Corporación Aceros Arequipa (-6.25%), Ferreycorp (-1.32%) and Minsur (-0.27%).

At regional level

Latin American stock and currency markets closed lower on Monday as investors continued to worry about US inflation after employment data released last week, coupled with other service sector readings that boosted to the dollar.

According to the Reuters Agency, the strong US employment data published on Friday still rocked the markets at the beginning of the week and weakened expectations of a less aggressive monetary policy from the Federal Reserve (Fed).

The dollar rose against the euro, pound and yen on Monday after data showing US service sector activity rebounded modestly in November, sparking speculation the Federal Reserve may not be able to to apply less aggressive rate hikes immediately.