Lima Stock Market opens higher this Wednesday, April 12

The Lima Stock Exchange (BVL) opened this Wednesday, April 12, with its main stock market indices in positive territory.

At the average of 10:00 am, the S&P/BVL Peru General Index, the most representative of the Lima stock market, registered a variation of 0.21% and was located at 21,635.23 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 positive variation of 0.14% to 562.96 points.

The Consumer (-0.10)% and Financials (-0.07%) sectors showed downward variations. While Mining showed an upward variation of 0.23%. The other sectors showed no variations.

The International Monetary Fund estimated that public deficits will continue to grow in the coming years despite the economic recovery after the crisis caused by the pandemic, according to the agency’s new fiscal surveillance report, published this Wednesday.

At the national level, Minister Alex Contreras indicated that a package of proposals will be announced from his sector and the Ministry of Energy and Mines, aimed at private investment and the unlocking of important sectors.

“Within the framework of the delegation of powers, we have a set of measures that will help accelerate private investment. We are at the end of a cycle of important investments in mining. What we want is once again to generate a production cycle that helps recovery”he said at a press conference.