REPORTE DIARIO

16 de Marzo de 2015
NDICES

MERCADOS GLOBALES

16/03/2015

Da

Sem ana

Mes

Ao

EE.UU.

Los ndices S&P 500 (+1.4%), Dow Jones (+1.3%) y Nasdaq (+1.2%) ganaron terreno, a
pocos das de la reunin de la FED, ante expectativas respecto al timing del aumento de tasas
por parte de la misma. De igual manera, los acuerdos corporativos contribuyeron al buen
desempeo de los ndices. En este sentido, Salix Pharmaceuticals Ltd. (+2.0%) avanz tras
aceptar ser adquirida por Valeant Pharmaceuticals por $11.1 mil millones. Del mismo modo,
Life Time Fitness Inc. (+5.2%) subi, luego que Leonard Green & Partners y TPG Capital
accedieran a comprar la empresa por alrededor de $4 mil millones. En el mbito econmico, la
produccin industrial fue ligeramente menor a la proyeccin del mercado en febrero (+0.1% vs.
+0.2%).
Las principales plazas burstiles de Europa culminaron la sesin en terreno positivo, impulsadas principalmente por el buen rendimiento del sector automovilstico. As, el ndice DAX de
Alemania alcanz su mximo nivel desde junio 2007, en donde Volkswagen AG (+3.0%)
destac durante la jornada. En el mbito corporativo, Hennes & Mauritz AB (+3.4%) subi tras
reportar resultados corporativos mayores a los estimados en el IVT14. En la misma lnea,
Royal DSM NV (+2.0%) gan terreno luego de aceptar vender su participacin mayoritaria. Por
su parte, Holcim Ltd. (-1.3%) y Lafarge SA (-6.3%) retrocedieron, luego que esta ltima mencion que revisara el ratio share-exchange. Finalmente, Fortum Oyj (-3.8%) cay, al completar la mayor desinversin de la historia. As, los ndices CAC 40 (+2.0%) de Francia, DAX
(+3.2%) de Alemania y FTSE (+1.7%) del Reino Unido avanzaron.
En Asia, el ndice Shanghai (+2.2%) de China y Hang Seng (+0.6%) de Hong Kong exhibieron
desempeos positivos, toda vez que el Premier Li Keqiang prometi que tomara medidas de
poltica monetaria adicionales en caso la economa contine desacelerndose y afecte las
cifras de empleo. As, en la conferencia realizada el fin de semana, el Premier indic que har
lo posible para mantener el crecimiento econmico dentro de un rango razonable. En el
frente corporativo, las empresas del sector tecnologa destacaron, entre ellas Glodon Software
Co. (+10.0%), despus que el Premier alentara el desarrollo del e-commerce. Del mismo
modo, China Mobile Ltd. (+2.7%) y Huadong Medicine Co. (+10.0%) contribuyeron al buen
desempeo de los ndices. Por su parte, el ndice Nikkei (-0.1%) de Japn retrocedi ligeramente en trminos de dlares, en un contexto en el cual los inversionistas esperan la reunin
de la FED del da mircoles, con el fin de obtener mayor informacin sobre cuando se realizar el incremento de tasas. Asimismo, el da de maana el Banco Central de Japn (BoJ)
llevar a cabo su reunin de poltica monetaria, no obstante, el mercado no espera mayores
cambios. En el mbito corporativo, Toyo Tire & Rubber Co. (-12.5%) se desplom, tras indicar
que ofreca un producto que no contaba con todos los estndares establecidos por el gobierno
contra terremotos. Por otro lado, Ichimasa Kamaboko Co. (+10.4%) avanz, luego de anunciar
que realizar un split de acciones de 2 x 1.
Los metales preciosos, como el oro (-0.3%) y la plata, retrocedieron tmidamente, en un
contexto en el cual los inversionistas se encuentran expectantes frente a la reunin de la FED.
Por su parte, los metales base (cobre: -0.2%, zinc: -0.3%) cerraron ligeramente a la baja. No
obstante, la demanda futura por cobre, aument, explicado por las medidas anunciadas para
impulsar el crecimiento econmico en China. Por ltimo, el petrleo (-2.2%) continu con la
tendencia negativa de la semana anterior, dado que se especula que la sobreoferta de crudo
comenzara a ejercer presiones sobre la capacidad de almacenamiento de EE.UU..

17,977.42

1.3%

-0.1%

-0.9%

0.9%

S&P 500

2,081.19

1.4%

0.1%

-1.4%

1.1%

NASDAQ

4,929.51

1.2%

-0.3%

-0.5%

4.1%

UK FTSE 100

10,095.89

1.7%

-2.9%

-5.2%

-1.3%

DAX

12,885.62

3.2%

2.4%

2.3%

8.1%

5,359.77

2.0%

0.0%

-2.6%

3.7%

Nikkei 225

158.57

-0.1%

2.4%

2.7%

8.6%

Shanghai Com p.

550.79

2.2%

4.5%

6.1%

5.7%

3,083.86

0.6%

-0.8%

-3.6%

1.3%

-19.8%

Dow Jones

Europa

CAC 40
Asia - Pacfico

Hang Seng
LatAm

15,144.38

1.3%

-4.1%

-15.0%

IPyC

2,839.04

0.0%

1.6%

-2.0%

-3.0%

Merval

1,223.72

4.9%

6.7%

12.8%

22.0%

Ibovespa

MILA
550.81

-0.2%

-3.0%

-9.9%

-13.5%

4,029.02

-1.1%

-1.8%

-9.7%

-18.8%

IPSA

5.98

0.1%

-3.4%

-7.7%

-5.6%

COLCAP

0.48

-0.2%

-0.9%

-13.9%

-24.7%

1,154.81

-0.3%

-1.1%

-3.9%

-2.5%

15.65

0.0%

-0.7%

-3.6%

-0.4%

Cobre $/tm .

5,847.50

-0.2%

-0.4%

2.7%

-7.2%

Zinc $/tm .

2,005.00

-0.3%

-1.8%

-2.1%

-7.9%

Estao $/tm .

17,503.00

1.4%

-3.6%

-2.0%

-9.9%

Plom o $/tm .

1,749.50

-1.5%

-4.8%

-1.3%

-5.8%

5.14

2.4%

4.9%

1.4%

-13.5%

S&P MILA 40
IGBVL

Com m odities
Oro $/oz.
Plata $/oz.

Trigo $/bush.

0.13

1.6%

-2.8%

-10.4%

-11.2%

43.84

-2.2%

-12.3%

-13.7%

-19.2%

Euro ($/)

1.057

0.7%

-2.6%

-7.1%

-12.6%

Libra ($/)

1.483

0.6%

-2.0%

-3.7%

-4.8%

Yen

121.34

0.0%

-0.2%

-1.9%

-1.3%

Real

3.246

0.1%

-3.9%

-13.1%

-22.1%

Azcar $/lb.
Petrleo

LATAM & MILA

Monedas

En Brasil, el ndice Bovespa (+1.3%) avanz durante la jornada, gracias al buen desempeo
de los sectores industrial (+2.1%) y salud (+2.0%). No obstante, es importante mencionar que
el ndice de actividad econmica cay por debajo de lo estimado en enero (-1.75% vs. 1.30%). En la misma lnea, el ndice Merval (+4.0%) de Argentina subi significativamente, al
tiempo que todos los sectores que componen el ndice registraron cifras positivas, entre ellas
destac el sector financiero (+7.8%) y servicios pblicos (+5.6%). Finalmente, el mercado
accionario mexicano estuvo cerrado por feriado.
Por su parte, los ndices de renta variable del bloque MILA mostraron desempeos mixtos. En
este sentido, el ndice IGBVL (-1.1%) perdi terreno, golpeado por Rio Alto (-9.3%) y Graa y
Montero (-3.3%). Asimismo, el ndice COLCAP (-0.2%) de Colombia cay, en un contexto en
el cual Pacific Rubiales (-12.1%) y Almacenes xito (-3.2%) lideraron la cada. Por otro lado, el
ndice IPSA (+0.1%) de Chile registr cierta tendencia positiva, al tiempo que Endesa (+1.9%)
y Cencosud (+2.5%) avanzaron. En suma, el ndice S&P MILA 40 (-0.2%) retrocedi ligeramente.

3.097

0.0%

0.0%

-0.3%

-3.9%

640.05

-0.1%

-1.9%

-3.9%

-5.5%

2,687.79

-0.7%

-3.1%

-9.3%

-13.1%

EE.UU. 10 aos

2.07

(4.23)

(11.90)

(4.00)

(9.95)

Brasil 25

5.09

3.70

12.10

50.30

93.60

Per 25

3.62

6.90

13.10

28.60

4.90

Colom bia 24

4.07

3.30

12.10

21.90

14.00

Mxico 23

3.63

7.60

7.70

37.30

26.00

Nuevo Sol
Peso Chileno
Peso Colom biano
Renta Fija (en pbs)

HECHOS DE IMPORTANCIA MILA

Evolucin Relativa ndices MILA

- El PBI de Per registr una recuperacin modesta en enero (+1.7% a/a) comparado a la
cifra obtenida en diciembre (+0.5% a/a). Este avance se vio respaldado principalmente por el
rebote del sector Minera (+5.6%). (PER)

105
90
75

ENTEL (CHI)

2.06%

CAP (CHI)

-8.40%

PFAVAL (COL)

1.93%

CNEC (COL)

-3.96%

ENDESA (CHI)

1.87%

BANMED (CHI)

-3.73%

S&P MILA 40

IPSA

IGBVL

mar-16

-12.06%
-9.33%

ene-15

PREC (COL)
RIO (PER)

dic-16

2.51%
2.48%

nov-16

ANDINAB (CHI)
CENCOSUD (CHI)

oct-17

45

Perdedoras MILA

sep-17

Ganadoras MILA

f eb-14

60

COLCAP

INTELIGO SAB

INTELIGO STOCK EXCHANGE DAILY REPORT

as of March 16, 2015

16-mar-15
16-mar-15
SELECTED COMPANIES
Telecommunications
Telefonica S.A.

CLOSING PRICES
S/.
US$
-

13.81

Last day
0.1%

% CHANGE IN US$
Week
30 days
52 wk

YTD

INDEX
RPX

-5.2%

-9.7%

111.2

-6.4%

-0.6%

SINCE JAN-15
Max.
Min.
15.45

13.27

DAILY AVG TRADED VOL. US$(000)

Today
Week
YTD
% LSE
6.0

7.7

12.0

SHRS. OUTS.
(000)

FLOAT
%

MKT.C
US$m

EV
/EBITDA

12

P/E
13

14

12

E P S ($)
13

14

PRICE
/BV

DIV.
YIELD

0.1%

4,657,204

n.a.

64,316

7.5x

16.4x

14.0x

13.8x

0.843

0.986

1.003

2.5x

7.0%

0.8%

2,293,669

Energy
2.7%

0.2%

122.1

3.88

2,851

10.1x

7.6x

6.4x

n.a.

0.163

0.194

n.a.

Enersur

9.50

3.06

0.0%

0.0%

-3.4%

-7.0%

-11.3%

109.2

10.29

9.50

0.0

14.2

431.4

2.1%

601,370

38.2%

1,844

10.2x

18.3x

14.5x

13.6x

0.167

0.212

0.224

2.5x

2.1%

Edelnor C

Edegel C

5.40

1.74

0.0%

1.4%

0.4%

13.5%

-13.4%

106.7

5.82

5.25

23.4

40.0

174.6

0.8%

638,564

17.5%

1,113

7.8x

5.1x

4.1x

n.a.

0.339

0.424

n.a.

2.5x

4.8%

Luz del Sur

11.00

3.55

0.1%

-2.2%

-1.0%

17.6%

-2.3%

120.4

11.75

10.83

144.9

198.5

198.3

1.0%

486,951

20.2%

1,729

10.6x

5.5x

5.4x

4.8x

0.640

0.659

0.748

3.0x

4.8%

Relapasa

0.17

0.05

0.1%

1.9%

-12.0%

-28.0%

-23.5%

94.3

0.21

0.16

1.9

12.9

87.4

0.4%

1,244,680

49.0%

67

n.a.

3.6x

-1.2x

n.a.

0.015

-0.044

n.a.

0.2x

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

0.0

0.0

0.0

0.0%

164,138

65.0%

n.a.

n.a.

n.a.

n.a.

n.a.

-0.230

-0.361

-0.189

n.a.

n.a.

125.6

30.80

25.32

14.3x

Maple Energy

3.85

1.24

1.3%

47.2%

-0.9%

3.61

16.0

77.4

173.6

16.4%

3.2x

4.8%

Mining
Southern Copper Corp. (Cu)

28.75

0.5%

0.3%

-4.9%

5.3%

1.9%

482.4

137.3

248.6

1.2%

806,691

14.5%

23,192

9.9x

12.0x

15.8x

2.398

2.006

1.822

4.0x

1.5%

1.34

0.43

0.0%

-4.3%

-21.5%

-20.8%

-28.4%

88.2

1.75

1.31

0.0

220.0

232.4

1.1%

960,999

0.0%

1,247

3.0x

2.7x

2.4x

2.0x

0.158

0.183

0.220

0.2x

3.6%

10.45

1.3%

4.0%

-6.7%

-25.1%

11.2%

137.0

11.70

10.05

54.6

205.1

276.2

1.3%

274,890

n.a.

2,839

n.a.

4.2x

-26.5x

18.7x

2.505

-0.394

0.558

0.8x

0.3%

Volcan A (Zn, Pb, Ag)

1.40

0.45

0.0%

-0.5%

-0.5%

-22.7%

-11.2%

109.4

1.50

1.26

0.0

2.7

16.1

0.1%

1,633,415

100.0%

1,164

6.8x

3.5x

4.3x

6.5x

0.129

0.106

0.069

0.5x

4.6%

Volcan B (Zn, Pb, Ag)

0.54

0.17

0.1%

1.9%

-14.6%

-51.4%

-27.3%

89.6

0.70

0.45

249.1

455.2

563.7

2.7%

2,443,158

100.0%

1,164

6.8x

2.0x

2.5x

3.8x

0.086

0.071

0.046

0.3x

3.6%

2.43

-9.3%

-10.3%

-18.7%

3.8%

0.0%

123.2

3.10

2.43

377.0

271.6

632.1

3.1%

333,889

96.0%

811

6.1x

8.0x

26.6x

11.8x

0.302

0.091

0.205

n.a.

Minsur I1 (Sn)
Buenaventura C (Ag, Au)

Rio Alto (Au)

Cerro Verde (Cu)

n.a.

20.50

0.0%

-0.2%

1.9%

-1.4%

-14.6%

105.2

23.40

19.90

12.9

51.1

165.8

0.8%

350,056

5.9%

7,176

11.3x

9.1x

11.7x

n.a.

2.241

1.752

n.a.

1.6x

n.a.

Milpo C (Zn)

1.80

0.58

-1.5%

3.6%

-11.5%

1.6%

-28.0%

88.8

2.27

1.74

4.2

61.0

356.8

1.7%

1,309,853

22.9%

774

2.3x

35.9x

10.7x

4.8x

0.016

0.054

0.121

1.2x

3.5%

El Brocal C (Zn)

7.20

2.32

0.0%

-4.2%

-10.2%

-29.1%

-33.8%

81.5

10.20

7.20

0.2

4.3

131.3

0.6%

125,037

50.7%

302

18.9x

11.9x

-37.7x

9.7x

0.196

-0.062

0.239

0.7x

n.a.

Atacocha B (Zn)

0.14

0.05

0.1%

4.5%

-24.1%

-1.8%

-45.7%

66.9

0.25

0.14

7.5

22.3

77.2

0.4%

423,892

100.0%

60

2.5x

-2.3x

-1.4x

n.a.

-0.020

-0.033

n.a.

0.2x

n.a.

137.99

-0.7%

-4.7%

-8.6%

10.2%

-14.0%

106.0

157.50

137.99

82.7

332.2

359.4

1.7%

79,760

60.8%

11,006

n.a.

5.3x

7.2x

3.6x

26.081

19.244

38.139

2.3x

1.4%

Banco de Crdito

5.80

1.87

0.0%

3.4%

5.0%

24.2%

5.3%

129.7

5.80

5.31

0.0

105.4

89.7

0.4%

4,722,751

2.3%

8,843

n.a.

5.9x

5.4x

n.a.

0.317

0.349

n.a.

2.7x

1.2%

Scotiabank

25.00

8.06

0.0%

-0.6%

-1.4%

-2.4%

-4.2%

118.1

25.70

23.50

0.0

13.0

62.2

0.3%

365,502

2.3%

2,950

n.a.

3.6x

3.4x

n.a.

2.247

2.347

n.a.

1.6x

3.7%

Banco Continental

4.32

1.39

1.0%

0.1%

-6.3%

-10.6%

110.1

4.55

4.05

138.2

498.8

410.4

2.0%

3,246,531

7.8%

4,528

n.a.

3.6x

3.5x

n.a.

0.384

0.402

n.a.

28.00

-1.4%

-1.8%

-3.6%

-5.1%

-7.9%

113.5

29.90

28.00

383.9

1,413.1

889.0

4.3%

113,111

25.7%

3,167

6.5x

4.5x

3.3x

3.5x

6.235

8.577

7.988

2.3x

5.7%

3.76

1.21

0.0%

-3.6%

-4.4%

9.8%

-1.7%

121.1

3.92

3.76

0.0

1.7

2.1

0.0%

1,972,290

1.4%

2,394

n.a.

4.2x

3.7x

n.a.

0.289

0.328

n.a.

2.3x

4.0%

2.17

Banking
Credicorp

Intercorp Financial Services Inc.

Interbank

0.5%

2.4x

4.7%

Construction
UNACEM

2.27

0.73

0.1%

1.0%

-10.6%

-34.7%

-25.1%

66.4

252.7

295.4

1.4%

1,646,503

56.6%

1,207

Cementos Pacasmayo C

4.75

1.53

-2.6%

-2.0%

-13.2%

-11.5%

-13.8%

106.2

5.45

4.75

6.2

1,008.0

461.1

2.2%

531,462

47.4%

892

5.0x

5.1x

5.2x

4.1x

0.299

0.293

0.378

1.2x

4.2%

Cementos Pacasmayo I1

2.45

0.79

n.a.

n.a.

-2.9%

-34.8%

-6.1%

115.7

92.3

2.50

2.84

2.45

0.0

0.0

3.2

0.0%

50,503

66.8%

892

5.0x

n.a.

0.3x

3.0x

0.3x

6.7x

0.2x

6.2x

3.148

0.241

3.082

0.110

3.973

0.119

0.1x

1.0x

8.1%

2.3%

Siderperu

0.17

0.05

0.0%

-5.6%

-10.9%

-48.7%

-25.4%

91.9

0.22

0.17

6.2

5.1

10.1

0.0%

1,227,918

10.0%

67

n.a.

-0.7x

9.8x

n.a.

-0.081

0.006

n.a.

0.2x

n.a.

Corp. Aceros Arequipa I

0.39

0.13

0.0%

-2.4%

-9.6%

-46.5%

-29.2%

87.2

0.52

0.37

44.3

24.7

56.2

0.3%

200,935

43.1%

208

6.0x

0.4x

1.1x

n.a.

0.295

0.115

n.a.

0.0x

2.2%

Ferreycorp

1.38

0.45

-1.3%

-1.4%

-7.1%

-13.2%

-18.0%

101.0

1.58

1.32

20.0

145.7

370.2

1.8%

1,014,326

100.0%

452

6.6x

2.1x

4.5x

1.8x

0.216

0.099

0.254

0.8x

4.0%
3.2%

Graa y Montero

5.30

1.71

-3.3%

-2.5%

-8.9%

-54.1%

-29.5%

86.8

7.30

5.30

17.0

109.3

299.7

1.4%

660,054

56.7%

1,129

7.8x

3.9x

3.5x

2.7x

0.439

0.484

0.633

1.2x

Backus I1

13.80

4.46

0.1%

7.5%

6.8%

11.6%

10.6%

136.3

13.80

12.06

14.1

12.9

38.9

0.2%

569,515

3.3%

5,716

1.3x

2.9x

2.7x

n.a.

1.555

1.641

n.a.

4.2x

5.1%

Alicorp C

5.35

1.73

-0.1%

-0.9%

-26.2%

-39.0%

-27.6%

89.2

7.20

5.26

71.0

1,112.1

1,505.1

7.3%

847,192

55.0%

1,472

n.a.

4.2x

4.0x

4.0x

0.416

0.435

0.427

2.0x

2.2%

14.50

0.0%

-4.6%

-9.9%

-4.6%

-21.2%

97.1

18.05

14.50

83.4

925.8

453.7

2.2%

102,807

35.7%

1,491

10.6x

n.a.

26.4x

6.3x

n.a.

0.550

2.301

1.5x

n.a.

Austral Group

1.60

0.52

0.0%

-1.4%

-3.7%

-39.4%

-19.6%

99.1

1.72

1.60

4.3

16.4

8.6

0.0%

259,003

13.5%

134

10.2x

1.5x

-8.7x

n.a.

0.340

-0.059

n.a.

0.8x

6.3%

Exalmar

1.35

0.44

0.0%

0.0%

n.a.

-17.7%

-3.4%

99.1

1.35

1.35

0.0

0.0

1.7

0.0%

296,997

25.9%

129

11.2x

7.8x

-2502.2x

n.a.

0.056

0.000

n.a.

0.6x

7.1%

Casagrande

5.50

1.78

-1.7%

-1.9%

-17.6%

-13.4%

-29.4%

86.9

7.30

5.50

23.0

37.5

48.9

0.2%

84,235

42.9%

150

5.4x

1.6x

9.4x

n.a.

1.094

0.190

n.a.

0.4x

1.7%

Cartavio
Pomalca

9.70
0.18

3.14
0.06

0.0%
0.0%

0.0%
-1.6%

9.4%
-1.9%

-14.5%
-11.5%

0.8%
-4.8%

124.2
117.3

9.70
0.18

8.70
0.18

0.0
0.0

0.0
3.2

4.2
4.0

0.0%
0.0%

20,676
315,110

12.8%
49.8%

65
18

2.8x
n.a.

1.8x
1.0x

3.3x
-1.1x

n.a.
n.a.

1.777
0.058

0.963
-0.052

n.a.
n.a.

0.4x
n.a.

2.0%
n.a.

Consumption & Retail

Inretail

Fishing

Agroindustrial

US & LATAM INDICES*

Index
US$
Last day

30 days

YTD

12,479.9

4,029.0

-1.1%

-1.8%

-11.5%

-18.8%

Selective Index

17,296.4

5,584.0

-1.5%

-1.7%

-11.8%

-17.9%

INCA
S&P/BVL Peru Select Index
Dow Jones

72.8

23.5

-0.6%

-1.5%

-9.3%

-17.8%

312.1

100.6

0.0%

-0.4%

-8.8%

-12.0%

17,977.4

17,977.4

1.3%

-0.1%

-0.2%

0.9%

NASDAQ comp.

4,929.5

4,929.5

1.2%

-0.3%

0.7%

4.1%

S&P 500

2,081.2

2,081.2

1.4%

0.1%

-0.8%

1.1%

48,848.2

15,144.4

1.3%

Bovespa

-4.1%

-15.2%

-19.8%

Merval

10,746.7

1,223.7

4.9%

6.7%

11.1%

22.0%

IPyC

44,002.3

2,839.0

0.0%

1.6%

-1.4%

-3.0%

IPSA

3,830.7

6.0

0.1%

-3.4%

-6.8%

-5.6%

COLCAP

1,288.2

0.5

-0.2%

-0.9%

-18.1%

-24.7%

550.8

550.8

-0.2%

-3.0%

-11.0%

-13.5%

S&P 40 MILA

LSE KEY INDICATORS

ISBVL Net Earnings1
ISBVL Price/Earnings
INTELIGO's Sample Net Earnings
INTELIGO's Sample Price/Earnings

12

13

14F

3,983.9
211.0
6,119.9
17.9x

2,597.8
173.4
4,452.7
24.6x

3,761.2
167.5
5,208.0
21.1x

13,900

Last day

COMMODITIES
Week

30 days

52 weeks

YTD

1,154.8

-0.3%

-1.1%

-6.3%

-16.5%

-2.5%

Silver $/oz.

15.65

0.0%

-0.7%

-9.4%

-26.9%

-0.4%

Lead $/mt.

13,600

Copper $/lb.

13,300

Tin $/mt.
Zinc $/mt.

41,275.0
41,639.0
87.9

GDP growth (Est.)

8.8%

13

14

15

5.3%

2.4%

4.0%

-1.5%

-4.8%

-14.3%

-5.8%

Inflation

2.7%

2.9%

3.2%

2.6%

-0.2%

-0.4%

1.7%

-9.6%

-7.2%

Exchange Rate S/. x US$

2.808

2.695

2.552

2.797

2.980

3.190

1.4%

-3.6%

-3.3%

-23.6%

-9.9%

Currency Depreciation Rate

-2.8%

-4.0%

-5.4%

9.6%

6.5%

2,005.0

-0.3%

-1.8%

-6.8%

1.3%

-7.9%

Fiscal Balance/GDP (Est.)

-0.2%

2.0%

2.1%

0.5%

0.1%

-2.0%

5.14

2.4%

4.9%

-2.9%

-27.9%

-13.5%

Current Account. Bal./GDP (Est.)

-1.7%

-1.9%

-3.6%

-4.7%

-5.5%

-4.9%

Sugar $/lb.

0.13

1.6%

-2.8%

-13.3%

-25.2%

-11.2%

12,700

Oil $/barrel

43.83

-2.3%

-12.3%

-18.3%

-51.7%

-19.2%

Today

Last day

Week

30 days

52 weeks

YTD

3.0965
2,687.790
640.050
15.418
8.783
3.246
121.340
1.0568
1.4829

0.0%
-0.7%
-0.1%
0.4%
0.0%
0.1%
0.0%
0.7%
0.6%

0.0%
-3.1%
-1.9%
0.4%
-0.2%
-3.9%
-0.2%
-2.6%
-2.0%

-0.4%
-12.4%
-3.0%
-3.3%
-1.2%
-14.5%
-2.4%
-6.9%
-3.5%

-10.4%
-31.7%
-11.9%
-16.7%
-11.1%
-38.3%
-19.7%
-24.0%
-10.9%

-3.9%
-13.1%
-5.5%
-4.5%
-3.8%
-22.1%
-1.3%
-12.6%
-4.8%

4.7%

6.3%

2.65

Wheat $/bush.

2.1%

6.9%

1,749.5

7.1%

Source: BCR, INEI and Inteligo Research Estimates

12,400
19-feb

24-feb

01-mar

06-mar

11-mar

16-mar

CURRENCIES

PERU'S SOV. SPREAD vs. TREASURY

13
ISBVL P/B ratio
ISBVL Mkt Cap. ($m)
ISBVL ATV ($m)

-4.7%

ECONOMIC INDICATORS
10
11
12

17,503.0

13,000

3.5

Nuevo Sol
Colomb. Peso
Chilean Peso
Mexican Peso
Argent. Peso
Real
Yen
Euro ($/)
Pound ($/)

3.4

3.3
3.2
3.1

3.0
19-feb

Source:Bloomberg Finance LP

Today
Gold $/oz.

LSE GENERAL INDEX IN USD

Week

General Index

24-feb

01-mar

06-mar

11-mar

16-mar

YIELDS in %
Today

Last day

Week

52 weeks

YTD

US

USD

Treasury 10Y

2.072

2.114

2.191

2.050

2.654

2.1712

Peru

USD
LC
USD
LC
USD
LC
USD
LC

Global 25
Sover. 23
Global 24
Sover. 24
Global 23
Sover. 22
Global 25
Sover. 23

3.621
5.476
4.065
7.046
3.631
5.913
5.094
13.407

3.552
5.476
4.032
7.037
3.555
5.904
5.057
13.362

3.490
5.533
3.944
6.960
3.554
5.906
4.973
13.309

3.347
5.244
3.797
6.593
3.287
5.545
4.490
12.641

4.051
6.220
4.350
7.142
3.789
6.037
4.696
12.928

3.572
5.412
3.925
7.1
3.371
5.672
4.158
12.442

Colombia
Mexico
Brazil

30 days