(Bloomberg) -- Peru's main stock index advanced a
second day, rebounding from the worst drop in 12 years, as
investors gained confidence that rising consumer spending and
metals prices justify current share prices.
The Lima General Index climbed 609.66, or 3 percent, to
20,739.16 at 3:22 p.m. New York time. The index was still down 2.4
percent for the week. The index fell 0.3 percent in May, its first
monthly decline since March 2006. Mexico' Bolsa index and Brazil's
Bovespa both rose to records.
Read more at Bloomberg Emerging Markets News
second day, rebounding from the worst drop in 12 years, as
investors gained confidence that rising consumer spending and
metals prices justify current share prices.
The Lima General Index climbed 609.66, or 3 percent, to
20,739.16 at 3:22 p.m. New York time. The index was still down 2.4
percent for the week. The index fell 0.3 percent in May, its first
monthly decline since March 2006. Mexico' Bolsa index and Brazil's
Bovespa both rose to records.
Read more at Bloomberg Emerging Markets News
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