Lima Stock Exchange breaking records for growth

By midday today the Lima Stock Exchange (BVL) had already broken records for growth on a single day, with the General Index (IGRA or IGBVL) increasing by over 7.8% — more than enough to offset yesterday’s catastrophic fall. The Selective Index (ISEL or ISBVL) rose by 8.25% in the same time.

On a day that seems to be bringing further rises in international metals prices, the mineral sector is recovering very fast from the heavy losses experienced over the past few days, with investors hurrying to buy into what seems to be the start of a new upsurge.

UPDATE: By early afternoon, the General Index was showing growth of 8.35% and the Selective Index 8.50% today. Some analysts were talking of a 10% increase by close of trading.

See also:
President Garcia: economy as solid as a rock
Lima stock exchange back in the black, with furious trading and staggering increases
Record losses on Lima Stock Exchange

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