SCCO - Credicorp Southern Copper fall amid tight presidential runoff in Peru

Credicorp ([[BAP]] -10.5%) stock slides, along with many other Peruvian stocks, after the country's presidential runoff conducted on Sunday is still too close to call.The iShares MSCI All Peru Capped ETF (EPU) falls 8.2%; Credicorp is the biggest holding in EPU at 22.86%, followed by Southern Copper ([[SCCO]] -3.9%) at 21.25%, and Buenaventura Mining Co. ADRs ([[BVN]] -6.9%) at 4.58%.At about midday Eastern Daylight Time, the leftist candidate was gaining momentum even as he still trailed in the count, Bloomberg News reported.With almost 93% of votes counted, conservative Keiko Fujimori's lead narrowed to 50.1% vs. 49.9% for leftist Pedro Castillo, a former school teacher.Before the election, polls indicated the candidates were virtually tied, the Associated Press reported.

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Credicorp, Southern Copper fall amid tight presidential runoff in Peru