BVL closed with losses in the S&P Peru General, after five profit sessions

The Lima Stock Exchange (BVL) closed the session on Monday, January 10 with the S&P Peru General at -0.01%; Meanwhile he S&P Peru Select the day ended in -0,11%. With what shows his first fall of the year, after a week of gains.

In this way, the sectors that won were those of consumption (1.57%) and mining, with only 0.03%. Meanwhile, the losers of the day were finance (-1.61%), industrial (-0.05%) and construction (-0.07%). On the other hand, services and electricity did not experience any variation and marked 0.00%. Meanwhile, mining shares rose 0.01%.

The best-traded shares were El Brocal (0.89%), Buenaventura (1.21%), Cartavio (15.03%), Casagrande (65.85%), Aceros Arequipa (2.66%), Cerro Green (2.86%), Minsur (3.33%) and Pomalca (15.29%). On the other hand, the stocks that fell the most were Alicorp (-1.81%), Backus (-0.24%), Credocorp (-2.01%), BBVA (-2.17%), Pacasmayo (- 0.40%), BCP (-0.33%) and Luz del Sur (-0.35%).

It should be noted that last week the Peruvian stock market rose 5.9%, and the sun appreciated.

For the economist Eduardo Recoba, the non-variation of the main indicator of the BVL It is due to the fact that the stock markets at a global and regional level register little depth, that is, that the operations for a seasonal issue, since we leave a couple of long holidays so there is not much dynamism, there is not much buying and selling.

“This causes this austerity from the depths because the stock markets must have three key characteristics which are: diversification, a range of investment possibilities; the second has to do with liquidity, to the extent that it is diversified you can find easily negotiable instruments and that gives liquidity to the market; the third feature is that of depth, this means that the market has been registering very large shares based on supply and demand, “the expert explained to La República.

“The Lima stock market is neither liquid nor diversified because it is hung on mining stocks and it is not deep either, since it moves with a certain slowness. What is standing out these days, however, is not very liquid and little diversified; the shallow depth also stands out ”, he added.

Along the same lines, he highlighted the expectation regarding the political component that the market has read as “apathy” in the face of the uncertainty of a new ministerial cabinet.

Meanwhile, Jorge Luis Ojeda, finance professor at the UPC, emphasized that the stock markets can have positive days or positive weeks and then they can present adjustments or corrections.

“The values ​​are adjusted, it is not that they have to be rising to infinity, they are normal, the adjustment is quite small. We do not associate it with any event. The important thing is to see the trend in the medium term and this could recover from what was not seen last year, “he told this newspaper.