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Peru's main stock indexes end higher; sol strengthens
  • Lima, Jun. 09 (ANDINA). Peru's main stock-market indexes ended higher Thursday, as a number of blue-chip shares gained ground, especially in the mining sector.

    The stock market has recovered steadily following the sharp drop on Monday after Sunday's runoff vote for president in which Ollanta Humala won a majority.

    On Thursday, the broad General Index closed 2.33% higher at 21080.43. The blue-chip Selective Index ended higher by 1.98% at 28603.13.

    Copper miner Sociedad Minera Cerro Verde SAA rose 3.35% to end at $39.79, and base-metals miner Southern Copper Corp. increased 1.90% to end at $32.10, as red-metal prices rose.

    According to a report from Dow Jones Newswires, precious-metals miner Compania de Minas Buenaventura SAA increased 5.00% to end at $37.80, as the prices of gold and silver improved.

    Financial holding Credicorp Ltd. rose 5.73% to $91.40. Credicorp, which owns Banco de Credito, is often considered as the benchmark stock for Peru.

    The General Index rose 65% in 2010.

    Meanwhile, the sol closed stronger on Tuesday, at PEN2.763 per dollar, compared with PEN2.773 per dollar in the previous trading session.

    So far this year, the sol has appreciated 1.57% against the dollar.

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