The Lima Stock Exchange (BVL), so far in 2023, has presented a volatile trend, but they still maintain the possibility of raising an additional 14%, including a dividend return of 5%, and closing the year between 20% and 21%, informed Daniel Guzmán, general manager of Credicorp Capital SAB.
It should be noted that Enel Distribution Peru it is the company that leads the performance in dollars with an advance of 130% (see graph). It is followed by Southern Copper (29%), Enel distribution (21%), Credicorp (19%), Alicorp (18%), Minsur (16%), Ferreycorp (15%), IFS (8%), Cerro Verde (8%), Inretail (7%), Buenaventura (7%), Luz del Sur (6%) and C Pacasmayo (3%). For their part, those that have presented losses are Aenza (-42%), Nexa (-24%), Volcán (-19%), Aceros Arequipa (-8%) and Unacem (-1%).
Performance in the BVL by companies 2023. Photo:
“The sector that has yielded the most has been electricity with 45% due to the sale announcement made by Enel of its two businesses (distribution and generation) at the beginning of the year. We saw a lot of interest from various foreign companies to be able to buy those operations. That made the entire sector move,” Guzmán said.
He also specified that the second sector with the greatest progress has been mining (20%), especially due to the movement in the prices of metals such as copper. “If there is no volatility in metal prices, they continue to improve and the prospects for metals, especially copper due to the issue of electric cars, are very good,” added the specialist.
It should be noted that, for July, the stock market had a 7% return in soles and a 15% return in dollars, which places us in the middle of the table below Mexico, Chile, Brazil and the United States.
In this line, the generated and projected profits of the companies have presented an increase and, currently, the fundamental value of the general index is 25,960 points, while the Price Earnings Ratio (PER) stands at 8.8 times, 12% below its median of the last three years.
How to invest in the Lima Stock Exchange (BVL)?
According to information from the BVL, to be able to invest for the first time in the Stock Market, you must take into account the following:
- Define how much you want to invest: It is recommended to be clear about the amount that will be allocated to the stock market. Money intended for expenses or debt payments should not be used. Although there is no minimum amount to invest, it is recommended that it be at least S/5,000.
- You must go to a stock broker: Currently, the BVL does not directly manage the purchase and sale of shares. For this, the stock brokerage firms (SAB) are the entities regulated and authorized to do so. These companies create a RUT (Sole Owner Registry) for those interested. In this document, all your operations will be registered. In addition, they are assigned a stock market representative who will guide and guide them in making the best decision. It is important to specify that all SAB charges a commission for any purchase or sale transaction.
- Report on your transactions: Users must place purchase and sale orders through the communication channels designated by the stock exchange representative. The following must be considered: type of operation, giving the action or value, the quantity and the price.
- Diversify your investment: There are many companies in the stock market. It is a good idea to diversify to reduce risk. Remember that the BVL has a wide variety of investment instruments such as shares, bonds, commercial paper, etc.
Source: Larepublica
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