Peru’s benchmark stock index had its biggest gain since January on expectations former President Alan Garcia will return to power after this weekend’s election.
Investors reacted to fresh polling data, said Jaime Caceres, president of AFP Integra, Peru’s largest private pension fund. Agence France-Presse reported the results of three polls — reults we cannot publish here, according to Peruvian law — which had a major influence on investor’s boost of confidence.
The Lima stock index rose 4.1 percent, or 303.68 points, to 7698.20. The index has gained 67 percent so far this year, the best performance among 80 indexes tracked by Bloomberg.