Lima Stock Market is shown to drop this February 24

The Lima Stock Exchange (BVL) opened the day of this Friday, February 24 with its main negative stock market indices.

At the average of 10:30 am, the S&P/BVL Peru General Index, the most representative of the Lima stock market, registered a negative variation of -0.36% and was located at 21,462.68 points.

For its part, the S&P/BVL Peru Selective Index, which is made up of the most traded shares in the local market, recorded a negative variation of -0.61% to 560.33 points.

The Financials, Industrials and Mining sectors showed falls of -1.43%, -0.44% and -1.05%, respectively. For their part, Consumers, Services and Electric were shown in green with 0.13%, 4.53% and 4.53%, respectively.

At the economic and political level, the views are maintained around the ruling of the Constitutional Court (TC) that prohibits the collection of default interest on tax debts in dispute.

The MEF warned that the recent judgment of the Constitutional Court “severely” affects tax policy and considers that it has exceeded its powers.

It was also known that the Consumer Confidence Index for Metropolitan Lima lost momentum in the second month of the year. The recovery observed since the last stretch of 2022 found a new decline in February and stood at 37 points: a loss of seven points compared to January and deepening its pessimistic outlook.