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Economy | 23 September, 2009 [ 12:02 ]

The Lima Stock Exchange is the Most Profitable in the World


LivinginPeru.com
Katrina Heimark

The general index of Lima’s Stock Market advanced 132.6% this year, which moved it up to the first place in the world. The stock market grew faster than the respective markets from Brazil (advanced 106.1%), Russia and Indonesia.

According to the ranking issued by the Bloomberg Agency, Lima’s Stock Exchange is the most profitable in the planet. The advances made by the stock market began on the first of January of this year, and as of today, the market continues to grow.

Lima’s Stock Exchange closed yesterday with a 2.07 increase in the general index, which was the fifth consecutive increase. This puts the stock market at a level that had not been seen since July 2 of 2008.

According to Peru21, the inversion of mining companies in Southern Peru accounts for much of the growth in the Peruvian Economy.

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