The Lima Stock Exchange (BVL) closed the day on Friday, February 18, with losses in its main indices, with 13 indicators in red and 1 in green. At 4:35 pm, the S&P/BVL Peru General index, the most representative of the Lima stock market, fell -0.64% to 23,717.66 points.
Similarly, the S&P/BVL Peru Selective index, which is made up of the most traded shares in the local market, fell by -0.76% and stood at 621.55 units.
Only the consumer sector ended the day in green with a gain of 1.06%. The construction (-1.64%), industrial (-1.06%), mining (-0.89%), financial (-0.38%) and electrical (-0.14%) sectors finished in red. While the services and electricity sectors did not present variations.
The companies that recorded the greatest losses were Cerro Verde (-4.18%), Intercorp (3.94%) and El Brocal (-3.85%). Minera IRL, Alicorp and Inretail Peru, were the companies that registered numbers in the green with 8.11%, 1.61% and 1.13%, respectively.
A generalized fall in the markets is observed given that a possible direct confrontation between Ukraine and Russia is estimated, this after US officials estimated 190,000 soldiers on the border.
Against this, the Peruvian market fell by 0.64%, the North American market had a brief positive moment in the session; however, due to the possible invasion it ended up closing at -0.72%, the asset that had the best performance was the dollar, whose index against a basket of the main global currencies yielded 0.29%. Even gold, which functions as a refuge asset, ended up falling by 0.13% on the day, according to a Renta4 report.
Source: Larepublica
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