Capital Markets

The Peruvian stock exchange, the Lima Stock Exchange (Bolsa de Valores de Lima, BVL), had a boom year in 2016, achieving one of the highest rates of return in the world. The main index, the Standard & Poor’s (S&P)/BVL Perú General, ended the year at 15,567 points, a gain of 58.1% on the previous year, according to the World Federation of Exchanges. This made it the second-best-performing bourse in the world in 2016, after Egypt. BVL share prices are widely expected to see solid growth in 2017, albeit at a somewhat slower pace than in 2016, as a result of less vigorous performance by mining stocks, as well as some doubts over the underlying strength of the economy as it rebalances towards non-primary sector-led growth.

This chapter features an interview with Marco Antonio Zaldívar, President, Bolsa de Valores de Lima.