New Peruvian ADS: Grana y Montero S.A.A.

Lima,Peru-based Grana y Montero is the latest Peruvian company that started trading on the NYSE on July 24th, 2013 under the ticker GRAM. This holding company operates in four business segments: Engineering & Constructions, Infrastructure, Real Estate and Services. The company’s successful IPO raised about $413 million by selling about 19.5 million ADS (American Depository Shares) …

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Peruvian Equity Market Continues To Climb

The main Peruvian equity index IGBVL has climbed over 27%  in the last two months due to rising metal prices. Yesterday the index closed at 19,499. During the credit crisis the index reached just below 6000. The Peruvian market has been on an upward trend since September. Last year the market went up 100.99% in …

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Peruvian ADRs

Compania de Minas Buenaventura (BVN) and CreditCorp Ltd.(BAP) are two Peruvian ADRs trading in the NYSE. 1.Company: Compania de Minas Buenaventura (BVN) Ticker: BVN Country: Peru Beta: 0.5 Buenaventura is one of Peru’s public traded precious metal company with interests in mining gold, silver, copper,etc. The company is a major holder mining rights in Peru …

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