Lima Stock Market opens with mixed indices this Friday, May 26

The Lima Stock Exchange (BVL) It opened with its main mixed stock market indicators this Friday, May 26, 2023.

At the average of 09:45 am, the S&P/BVL Peru General Index, the most representative of the Lima stock market, registered a negative variation of -0.17% and was located at 21,423.61 points.

For its part, the S&P/BVL Peru Selective Index, which is made up of the most traded shares in the local market, registered a positive variation of 0.52%. up to 539.88 points.

The Financials and Mining sectors showed negative variations of -0.38% and 0.30%, respectively. The Consumer sector showed a rise with 0.35%.

Credicorp, Pichincha, Buenaventura and Citigroup were some of the companies that showed a decline after the opening of the stock market. Volcan and Alicorp stood out with slight rises.

The Peruvian Chamber of Construction (Capeco) forecasts another fall in construction activity for the month of April (-10.6%) due to a new decrease in cement consumption of 17.3% and despite the recovery of 9 .1% in state work.

In news from the mining sector, it was learned that the Southern Copper mining company aims to double its copper production by 2030, supported by the development of three large projects: Los Chancas, Michiquillay and Tía María, an initiative that will persist in moving forward.

In an interview with El Comercio, Raúl Jacob, CFO and Vice President of Finance of Southern Copper, said that this year they will invest US$350 million in different activities in Peru.