Archive for the ‘Industrial index’ Category

postheadericon Substantial investment for the development of mining areas

MEM reported that a total of 291 million soles 757.926 was invested by 215 titleholders in 2010 on the implementation of various sustainable development activities for the benefit of the populations in catchment areas of their operations.

According to the General Office of Social Management (OGGs) of the MEM, the mining said these investments until September 2011 with the presentation of Annex IV of the Consolidated Annual Declaration (DAC), a document by which the MEM report on the activities developed during the previous year.

These statements allow to produce statistics on the performance of mining in Peru, both artisan and small, medium and large, and to evaluate its impact on national economy.

The miners made ??headlines long-term programs aimed at achieving sustainability of local development and short-term activities, framed within projects, equipment and donations.

The owners also reported as part of its social investment projects in the areas of education, health, nutrition, environmental management, local employment, basic infrastructure development and strengthening of management capacities of local institutions and promotion of culture, contributory and mainly to the fight against poverty.

postheadericon Selective index of the stock market in mining

The General Index of the BVL, the most representative of the local bourse, rose 0.09 percent today, going from 14.395 to 14.407 points. The Selective Index of the Lima stock market, which consists of the 15 most traded stocks on the market, fell 0.06 percent, going from 22.702 to 22.687 points.

The National Capital Index (INCA), including the 20 most liquid shares traded on the LSE, has appreciated 0.14 percent. In today’s session on the amount traded shares stood at 47.48 million soles in 663 transactions for the purchase and sale.

Among the main actions that showed a positive development in the LSE highlights of Tuman (5.67 percent), Arequipa Steel Corporation (2.33 percent), Cementos Pacasmayo (1.85 percent) and Southern (1.82 percent).

Coril analyst Stockbroker Society (SAB), Jorge Ramirez, said the General Index of the BVL was particularly favored by industrial action, diverse and agrarian rose 0.12, 0.33 and 1.21 percent respectively.

The rise in the dollar pushed down the prices of metals on the outside, which added the announcement of the International Monetary Fund (IMF) will sell its gold reserves soon, he said.

Also, mixed economic data generated in the United States market volatility since the initial applications for unemployment benefits rose in the U.S., expected a reduction, and the index of leading indicators in January came out below expectations.

Although data on manufacturing activity in the United States performed well. Regional exchanges closed mixed, while indicators of the Stock Exchange of New York (NYSE) had favorable indicators.

The Dow Jones industrial index of the NYSE showed a rise of 0.81 percent, while the Nasdaq indicator and the Standard & Poor’s advanced 0.69 percent and 0.66, respectively.