Monday, May 28, 2007

Peru's Stocks Fall Most in Week, Led by Cerro Verde: World's Biggest Mover

(Bloomberg) -- Peru's main stock index fell for the
fourth time in five days as investors bet shares were expensive
relative to earnings after a rally earlier this year.

The Lima General Index declined 502.56, or 2.4 percent, to
20,745.75 at 2:44 p.m. New York time, led by miner Sociedad
Minera Cerro Verde SA. It was the index's steepest fall since May
16 and the biggest move among markets included in global
benchmarks.


Read more at Bloomberg Stocks News

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