Lima Stock Exchange opens higher this Wednesday, September 20

The Lima Stock Exchange (LSE) shows its main stock market indicators rising this September 20.

At average 10:30 am, the S&P/BVL Peru General Index, the most representative of the Lima stock market, registered a variation of 0.57% and stood at 22,866.67 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 variation of 0.64% to 594.87 points.

Most sectors were rising except for Industrials and Construction, which did not show variations.

Yesterday it was announced that the Executive decided to reverse its policy of nationalization of the Talara oil fields with contracts about to expire, which implied their awarding ‘by hand’ to the state oil company Petroperú.

This, in response to the claim of the business unions that “They have come like a bomb and generate some instability to attract investments“, said in a press conference the Minister of Energy and Mines, Óscar Vera.

On the other hand, it was established state of emergency for 60 days in the districts of San Juan de Lurigancho (SJL) and San Martin de Porres (SMP) in Lima, given the high rate of crime and criminality that plagues Peru.