Peruvian stock market is the world’s best performer

Do you know what the world’s hottest stock market is located? No, not in New York or Tokyo or London. Believe it or not, the answer is Peru whose stock market gained an astonishing 149% return this year mainly due to favorable figures from metals. However, financial experts say metals will not make such formidable gains next year though Peru’s economy is expected to keep growing by nearly 6% in 2007.

Links- Reuters Italia, Bolsa de Valores de Lima

Image- Latin Focus (Growth in Peruvian stock market over the past decade)

Tags- Peru, stocks