The financial sector was the one that fell the most in the day, with -7.51%, followed by mining. The stocks that fell the most were IFS and ENGEPEC1.
The Lima Stock Exchange (BVL) The session of this Friday, February 10, 2023, closed in negative territory. This result was driven by the poor performance of the financial sector. So, scored 14 indicators down and only 2 up.
In this way, the S&P/BVL Peru General Index, the most representative of the Lima stock market, fell 2.70% to 21,695.64 points. Meanwhile, the index S&P/BVL Peru Selectivewhich is made up of the most traded shares in the local market, lost 2.02% and was placed at 564.09 units.
The financial sector was the one that reported the most losses in the day with a fall of 7.51%, followed by mining (-1.64%%) and services and electricity with -0.78% each. For its part, construction registered gains of 0.35%.
The shares that fell the most in the index were IFS (-3.50%) and ENGEPEC1 (-2.67). While the one that rose was POMALCC1 (3.10%).
Internationally, the market has slowed down in recent trading sessions, for no particularly strong reason. Likewise, the messages from Federal Reserve officials have been mixed, and they do not give the markets a reason to go up or down, reported César Romero, head of Research at Renta4 SAB.
Along these lines, Fed Chairman Jerome Powell declared that the inflation rate will continue to fall, indicating that interest rate hikes aimed at reducing demand for goods and services are almost over. Still, other Fed officials said rates may need to rise more than investors think.
Source: Larepublica
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