Peru is a Latin American country with an emerging, market-oriented economy that has been among the top performers in South America. Rich in natural resources, it is a major exporter of gold, copper, zinc, and fish.
Peru’s Main Industries
Peru is economically known for its strength in:
- Agriculture Sector
- Fishing
- Artichokes, grapes, avocadoes, mangoes,
- Cotton
- Coffee
- Sugar
- Services Sector
- Tourism
- Natural Resources
- Copper
- Gold
- Silver
- Petroleum
- Timber
- Iron ore
- Coal
- Natural gas
- Mining Sector
- Gold
- Coal
- Copper
- Zinc
- Silver
- Iron Ore
- Manufacturing and Industrial Sector
- Metal mechanics
- Tobacco processing
- Food processing
- Textile
Peru’s Main Stock Exchanges
The main stock exchange in Peru is:
- 1. Bolsa de Valores y Productos de Asunción (BVPASA)
- Established in 1977 and is Peru’s only stock exchange
- Exchange provides trading services in equities and debt securities of both public and private companies
- Stock Index
i. IGBVL index
Glimpse into Peru’s Equity Market
Prior to the global financial crisis in 2008, Peru experienced economic growth that was among the top-performers in Latin America (2007 and 2008). Political stability and liberalised economic policies have made Peru a very open investment regime, attracting significant foreign investment and capital
Equities performed exceptionally well in 2009 and 2010, with the IGBVL index rising 101% and 65%, respectively. Between the same periods, the market capitalization of its exchange grew by 43% from $US 69.7 billion to $US 99.8 billion.
Peru’s 10 Most Profitable Companies in 2010
Ways to Invest in Peru
There are a couple of different ways to invest in Peruvian companies:
- Through a Peruvian Bank or foreign one located in Peru
- BBVA Banco Continental
- Banco Financiero del Peru
- Bank of Nova Scotia
- JP Morgan Chase Bank
- Banco Standard Chartered
- Citibank
- Peruvian ETFs