MILA MARKETS STATISTICS APRIL 2013

Transcription

1 MILA MARKETS STATISTICS APRIL 2013 MILA SECTOR INDICES LAUNCHED BY S&P DOW JONES INDICES The indices are designed to measure the primary sectors represented in the regional equity market. Currently, the S&P MILA Sector Indices include the S&P MILA Financials and S&P MILA Resources which are based on GICS sub-industries. Alka Banerjee, Managing Director of Global Equity Indices at S&P Dow Jones Indices, said: Because of the scale of their growth and development in recent years, the Andean equity markets have emerged as a distinct region for market participants looking beyond the largest emerging markets. The S&P MILA Sector Indices provide additional tools for measuring the key sectors driving the regional equity market. Francis Stenning, Lima Stock Exchange CEO, stated: This is a very important step towards the consolidation of a rising market such as MILA. It will provide local foreign investors a clear vision of our most dynamic and profitable sectors, with the quality and objectivity of S&P Dow Jones Indices. Juan Pablo Cordoba president of the Bolsa de Valores de Colombia, noted: We believe that these tools are very important because they allow us to monitor the behavior of the most representative sectors of a diversified market such as MILA to which Chile, Peru and Colombia belong to. José Antonio Martínez, Chief Executive Officer of the Santiago Stock Exchange, says: MILA has been a market that has positively contributed to the development of the countries that are members, strengthening its position in the region and achieving an attraction pole for local and foreign investors. During the year 2012, the S&P MILA 40 Index, reported an increase of 17.29%. The MILA countries market capitalization reached $772,432 million in January S&P Dow Jones Indices Press Release MILA MARKETS STOCK EXCHANGE CAPITALIZATION The MILA markets stock exchange capitalization accumulated so far in the year a 4.95% variation, as it passed from $739,67 billion in December 2012, to $ billion in Compared to the last month, the indicator decreased 4.55%, term in which it reached $ billion. The share/interest in the value of the listed companies by market, as of s closing is distributed as follows: Chile 46.75%, Colombia 33.72%, and Peru 19.52%. $ $ TOTAL TRADED VOLUME IN THE MILA MARKETS The total traded volume in the MILA markets reached in $7.03 billion, with a positive variation of 16.98% as compared to the previous month, term in which reached $ 6.01 billion. By interest percentage during the month, the BCS represents 55.68% ( $3.91 billion), followed by the BVC with 32.63% ( $2.29 billion) and the BVL with11.69% ( $821 million). So far in 2013, the total volume traded in the MILA markets reached $30.25 billion. $ Market Capitalization of MILA (Millions of US$) Chile Colombia Peru $ 821 $ Total Volume Traded in MILA Markets (Millions of US$) Chile Colombia Peru $

2 ISSUERS AND ISSUES OF THE MILA MARKETS BCS: 120 YEARS INVESTING IN THE FUTURE The BCS will celebrate its 120th Anniversary this year, consolidating its position as the main securities market in the country and one of the most relevant markets at the regional level. That is why this anniversary makes the BVC so proud and challenges it to continue leading the market with a vision for the future and new proposals for our investors, issuers and brokers. So this year, as part of the anniversary celebration, the BVC will expand its services and incorporate new financial instruments. These include the launch of ETFs; the implementation of the "Bolsa Derivados", which will enable the trading, clearing and settlement of derivative instruments on a regulated open market; the new securities that will be incorporated in the regional MILA platform; the joint project with the Canadian TMX Venture Exchange for the development of a capital market for mining; and the integration with international securities markets such as BM&FBovespa. MILA DAY NY Two years after its inception, MILA is celebrating its anniversary by organizing MILA DAY NY, the first meeting of foreign investors of the MILA market. The international event, which will be held on Monday, June 24, 2013 at the Pierre Hotel, will bring together authorities from the three countries, Presidents and CEOs of issuing companies that make up MILA, brokers and investors, and representatives of stock exchanges and central securities depositories. During the event, there will be a seminar whose objective is to present and highlight Chile, Colombia and Peru as relevant stock markets with stable economies, in addition to promoting MILA to attract foreign investors to the region. Throughout this term, three issues and two new listings were carried out in the MILA market. The issues belongs to the Chilean companies, Cencosud S.A., Besalco S.A. and S.A.C.I. Falabella. Also, the companies Resoures Corp and AFP Habitat S.A. performed its official listing to the market through the BVL. At the end of 2013 the Latin American Integrated Market (MILA) had a total of 552 issuers. MUTUAL FUNDS CREATED TO INVEST IN MILA Total issuers MILA Market 223 Chilean Issuers Country Type Issuer Value of Issue (US$) Follow-on BESALCO S.A. $ Chile Follow-on CENCOSUD S.A. $ Follow-on S.A.C.I. FALABELLA $ Total Chile $ Perú Listed Rokmaster Resources Corp. $ Listed AFP Habitat S.A. $ Total Perú $ Total Issues $ Colombian Issuers 248 Peruvian Issuers As of closing, the total amount collected by the seven mutual funds in the integrated market reached $ million; this represents a 7.44% decrease compared to $63.03 million, previous month figure. Chile Colombia Perú Mutual funds Created to Invest in MILA Fund Amount Attracted (US $) BANCHILE ANDES $ SURA - ACCIONES MILA (ex ACCIONES ANDINAS) $ CELFIN - CELFIN INFRAESTRUCTURA $ BBVA - ANDINO $ Total in Chile (US $) $ SERFINCO MERCADOS GLOBALES $ Total in Colombia (US $) $ BBVA FONDO ANDINO $ SURA MERCADOS INTEGRADOS $ Total in Perú (US $) $ Total Amount Attracted (US $) $ BROKERS AND AGREEMENTS OF THE MILA MARKETS As of the closing of the month, 37 brokers (with 43 agreements) remain active to report operations through the MILA infrastructure. The number of agreements did not register any variation in comparison to the previous month Active Chilean Intermediaries Brokerage Firms in MILA MILA Active Colombian Intermediaries Active Peruvian Intermediaries Active Agreements in MILA Chile/Colombia 14 Colombia/Perú 15 Perú/Chile 14 Total Agreements i 43 2

3 Million US$ MILA MARKETS INDEXES PERFORMANCE SECOND MILA ANALYST DAY COLOMBIA 2013 A SUCCESS Expert analysts of the Chilean and Peruvian securities markets visited Colombia to learn, in detail, about the securities market's most important stock issuers, who met at MILA Analyst Day Colombia The purpose of the event was to show potential foreign investors from the region the opportunities offered by the main companies listed on the BVC. BVC, Ecopetrol, Cemex Latam Holdings, Canacol, Odinsa, Banco de Bogotá, Petrominerales and EEB took part in the event in Bogotá as representatives of the Colombian issuers. In Medellín, Celsia, Isa, Isagen, Bancolombia, Grupo Sura, Grupo Argos, Construcciones el Cóndor and Carvajal Empaques had the opportunity to introduce their companies. The event also featured a stock panel led by four representatives of the MILA countries who talked about the prospects of the equity market of the three countries. Finally, the event ended with a visit to the Nutresa Group's chocolate plant. To access the issuer's corporate presentations, please visit the following link. NEW STOCK FUTURES ON THE BVC In its effort to sustain its evolution and establish itself as a diverse, quality market, as of May 6, the BVC's Standardized Derivatives Market made 7 new stock futures with financial clearance available to the market, including PF Grupo Sura, Nutresa, PF Inverargos, ISA, PF Grupo Aval and Cemargos in order to complement the current offer of derivative products with underlying assets, thus generating new opportunities for investment and coverage for all. The index that measures the performance of the integrated market, S&P MILA 40, accumulated a % variation so far in the year. Meanwhile, at the closing of of 2013, the local indices registered the following accumulated valuations: The IGBVL (Peru), presented a % variation, while the COLCAP (Colombia) reported a -8.07% variation and the IPSA (Chile) accumulated a -0.21% variation Comparative Performance of MILA Indexes l 2013 COLCAP IPSA IGBVL SPMILA MOST TRADED STOCKS IN MILA MARKETS $ $ $ $ $ $ Most Traded Stock in MILA Markets 2013 A.F.P. CUPRUM S.A. $ ECOPETROL S.A. CENCOSUD S.A. Volume traded through the MILA ENERSIS Infrastructure S.A. $ May 2012 $ 255 $ - SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A., SERIE B BANCO SANTANDER-CHILE LATAM AIRLINES GROUP S.A S.A.C.I. FALABELLA PACIFIC RUBIALES ENERGY CORP CORPBANCA $ $ Op. Performed by Chile Op. Performed by Colombia Op. Performed by Peru On Chilean Securities On Colombian Securities On Peruvian Securities So far in 2013, the most traded shares were: A.F.P. Cuprum ( $ 2.58 billion), Ecopetrol S.A. ( $ 1.76 million) and Cencosud S.A. ( $ 1.72 million). 3

4 38,87% 34,85% 31,89% 28,70% 28,27% 26,34% 25,00% 24,65% 53,85% 341,69% The most traded shares in in the MILA markets were: Ecopetrol S.A., with ( $595 million), followed by A.F.P. Horizonte S.A. ( $515 million), Cencosud S.A. ( $393 million), ), Empresa Nacional de telecomunicaciones S.A. ( $281 million), and Enersis S.A. with ( $275 million) CREDICORP LAUNCHED REGIONAL INVESTMENT BANK The Credicorp Group presented its regional investment bank, Credicorp Capital. Because it has been operating since 2012 thanks to an alliance between IM Trust in Chile, Correval in Colombia and BCP Capital in Peru it debuted with the largest stock purchase - sale operation on MILA. Credicorp Capital expects to increase its revenue by up to 20% per year, after reaching approximately 155 million last year. Walter Bayly, CEO of Credicorp, stated that the Group's strategy is a response to the growth of regional markets and the economic financial integration of MILA countries. Similarly, he said they have not ruled out the integration of another country in the medium term, but for now, they are focusing on consolidating the union of the three companies to achieve leadership in the region. ENTEL CHILE PURCHASED NEXTEL PERU NII Holdings sold the operations of Nextel del Peru S.A. to Empresa Nacional de Telecomunicaciones S.A. (Entel Chile) for approximately 400 million. The closing operation, with certain conditions, is expected to be carried out during the second half of the year. Until the transaction is formalized, Nextel Peru will operate as usual. Industry sources reported that the companies could not reach an agreement because Entel Chile was only interested in the Peru subsidiary, while NII Holding was planning on selling its business in the region. Chile Volumen () Colombia Volumen () Peru Volumen () CENCOSUD S.A. $ ECOPETROL S.A. $ A.F.P. HORIZONTE S.A. $ EMPRESA NAC. DE TELECOMUNICACIONES S.A. $ PACIFIC RUBIALES ENERGY CORP $ GRAÑA Y MONTERO S.A.A. $ ENERSIS S.A. $ PF BANCOLOMBIA S.A. $ FERREYCORP S.A.A. $ LATAM AIRLINES S.A. $ PF DAVIVIENDA S.A. $ ALICORP S.A.A. $ SOC. QUIMICA Y MINERA DE CHILE S.A., SERIE B $ CEMEX LATAM HOLDINGS $ VOLCAN COMPAÑIA MINERA S.A.A. $ S.A.C.I. FALABELLA $ GRUPO ÉXITO S.A. $ INTERCORP FINANCIAL SERVICES INC. $ EMPRESA NACIONAL DE ELECTRICIDAD S.A. $ PF GRUPO SURA S.A. $ UNIÓN ANDINA DE CEMENTOS S.A.A. $ EMPRESAS COPEC S.A. $ ICOLCAP $ RIO ALTO MINING LIMITED $ BANCO SANTANDER-CHILE $ GRUPO SURA S.A. $ CREDICORP LTD. $ AGUAS CORDILLERA S.A., SERIE A $ PF GRUPO AVAL S.A. $ MINSUR S.A. $ STOCKS WITH HIGHEST RISE IN PRICE 90% 80% $ % $ % 50% $ % $ % $ % $ % 0% $ Most Traded Stock Most Traded Stock in MILA Markets 2013 Volume traded through the MILA Infrastructure May 2012 $ $ 255 $ - EMPRESA AZUCARERA "EL INGENIO" S.A. DUNAS ENERGÍA S.A.A. CERVECERIA SAN JUAN S.A. CORPORACION LINDLEY S.A. CHILECTRA S.A. GLORIA S.A. WATT'S S.A. ENERSUR S.A. ANDINO INVESTMENT HOLDING S.A. $ $ CRISTALERÍAS DE CHILE S.A. Op. Performed by Chile Op. Performed by Colombia Op. Performed by Peru On Chilean Securities On Colombian Securities On Peruvian Securities So far in the year, the shares with highest increase in share price in the three MILA markets were: Empresa Azucarera El Ingenio S.A. with (341,69%), followed by Dunas Energía S.A.A. (53,85%), Cerveceria San Juan S.A., (38,87%), Corporación Lindley S.A., (34,85%) and Chilectra S.A., (31,89%). In, the shares with highest price increase were: Dunas Energía S.A.A. (53,85%), Sdodinsa (21,25%), A.F.P. Horizonte S.A. (16,24%), Setas S.A. (15,74%) and Sudillen Gold Corporation Ltd. (12,98%). Stocks with Highest Rise Chile % Colombia % Perú % ENAEX S.A. 6,67% SDODINSA 21,25% DUNAS ENERGÍA S.A.A. 53,85% A.F.P. HABITAT S.A. 6,01% SETAS S.A. 15,74% A.F.P. HORIZONTE S.A. 16,24% AES GENER S.A. 5,74% PROENERGÍA S.A. 11,11% SULLIDEN GOLD CORPORATION LTD. 12,98% COMPAÑÍA CERVECERÍAS UNIDAS S.A. 5,37% BANCO BOGOTÁ S.A. 8,62% TELEFONICA, S.A. 11,00% EMPRESAS TATTERSALL S.A. 4,49% BANCOLOMBIA S.A. 4,17% LAIVE S.A. 10,82% AZUL AZUL S.A. 3,76% ENKA S.A. 4,11% CORPORACION LINDLEY S.A. 7,88% WATT'S S.A. 3,41% PF BANCOLOMBIA S.A. 3,10% PESQUERA EXALMAR S.A.A. 7,15% VIÑA SAN PEDRO TARAPACÁ S.A. 2,93% CARVAJAL EMPAQUES S.A. 2,74% EMPRESA EDITORA EL COMERCIO S.A. 6,05% CRISTALERÍAS DE CHILE S.A. 2,80% GASNATURAL S.A. 1,67% UNIÓN ANDINA DE CEMENTOS S.A.A. 5,95% EMPRESA ELÉCTRICA PILMAIQUÉN S.A. 2,32% BANCO DE OCCIDENTE S.A. 0,71% FALABELLA PERÚ S.A.A. 5,59% 4

5 -85,38% -83,33% -63,22% -54,17% -51,81% -51,61% -50,00% -50,00% -46,56% -45,95% STOCK WITH THE GREATEST DROP IN PRICE 0,00% -10,00% $ ,00% $ ,00% $ ,00% -50,00% $ ,00% $ ,00% Stocks with Greatest Price Drop MILA Markets 2013 Volume traded through the MILA PROMIGAS Infrastructure S.A. $ May 2012 FABRICATO S.A. COLTEJER S.A. COMPAÑÍA MINERA ATACOCHA S.A.A. MINERA IRL LIMITED PANORO MINERALS LTD. SUNSET COVE MINING INC. DURAN VENTURES INC. $ ,00% $ COMPAÑÍA MINERA RAURA S.A. -90,00% $ $ $ 255 EMPRESA $ SIDERURGICA - DEL PERU S.A.A. -100,00% Op. Performed by Chile Op. Performed by Colombia Op. Performed by Peru On Chilean Securities On Colombian Securities On Peruvian Securities So far in 2013, the shares with highest price decrease in the three MILA markets were: Promigas S.A., with 85.38% devaluation, followed by Fabricato S.A. (-83,33%), Coltejer S.A. (-63,22%), Compañía Minera Atacocha S.A.A. (-54,17%) and Minera IRL Limited (-51,81%). In, the shares with highest price decrease were: Promigas S.A. (-85,36, Compa a Minera Raura S.A. (-41,17%), Fabricato S.A. (-40,00%), Invermar S.A. (-33,38%) and Sienna Gold Inc. (-32,00%). Stocks with Greatest Drop Chile % Colombia % Perú % INVERMAR S.A. -33,38% PROMIGAS S.A. -85,36% COMPAÑÍA MINERA RAURA S.A. -41,17% EMPRESAS HITES S.A. -23,21% FABRICATO S.A. -40,00% MINERA IRL LIMITED -37,50% CURAUMA S.A. -20,14% CANACOL ENERGY S.A. -20,44% SIENNA GOLD INC. -32,00% HIPERMARC S.A. -17,26% BANCO POPULAR S.A. -15,79% PANORO MINERALS LTD. -31,82% MULTIEXPORT FOODS S.A. -16,45% MINEROS S.A. -13,26% VENA RESOURCES INC. -31,26% SALFACORP S.A. -15,43% ECOPETROL S.A. -13,07% COMPAÑÍA MINERA ATACOCHA S.A.A. -31,26% CRUZADOS S.A. -15,21% PETROMINERALES S.A. -12,83% CORPORACION ACEROS AREQUIPA S.A. -29,49% COMPAÑÍA PESQUERA CAMANCHACA S.A. -15,09% GRUPO ÉXITO S.A. -9,33% FORTUNA SILVER MINES INC. -28,57% COMPAÑÍA SUD AMERICANA DE VAPORES S.A. -12,17% PF BANCO AV VILLAS S.A. -7,69% MINSUR S.A. -25,48% AUSTRALIS SEAFOODS S.A. -11,32% PF INVERSIONES ARGOS S.A. -7,36% SUNSET COVE MINING INC. -25,00% OPERATIONS THROUGH THE MILA INFRASTRUCTURE MILA INFRASTRUCTURE STATISTICS APRIL 2013 $ $ $ $ $ $ $ $ Volume Traded Through MILA Infrastructure Accrued May $ $ $ $ $ $ Op. Performed by Chile Op. Performed by Colombia Op. Performed by Perú Over Chilean Securities Over Colombian Securities Over Peruvian Securities 5

6 The accumulated operations through MILA infrastructure reached $ , with a total of operations. The most traded securities are the Chilean with a total of $ (71.13%), followed by the Colombians with a total of $ (19.83%) and the Peruvians with $ (9.05%). Volume Traded Through MILA Infrastructure 2013 $ $ $ $ $ $ $ $ Op. Performed by Chile Op. Performed by Perú Over Chilean Securities Over Colombian Securities Over Peruvian Securities In, 275 operations were performed through the MILA infrastructure for a total of $ Peru represented the highest participation percentage on the operations carried out, with 86.83% ( $ ), followed by Chile with 13.17% ( $ ). STOCK MOST TRADED THROUGH THE MILA INFRASTRUCTURE In, the three most traded shares through the MILA infrastructure were: Sigdo Koppers, with $ , followed by Cruzblanca S.A. ($ ) and Corficolombiana S.A., ( $ ). Since the initiation of operations of MILA, the most traded shares through the MILA infrastructure were: : S.A.C.I. Falabella, with a cumulative amount of $ , followed by Aguas Andinas ($ ), Pacific Rubiales Energy Corp ($ ), Ecopetrol ( ) and Sigdo Koppers S.A. ($ ). Most Traded Stock in MILA Infrastructure - (US$) Most Traded Stock in MILA Infrastructure - Accrued (US$) SIGDO KOPPERS S.A. $ S.A.C.I. FALABELLA $ CRUZBLANCA S.A. $ AGUAS ANDINAS S.A., SERIE A $ CORFICOLOMBIANA CF $ PACIFIC RUBIALES ENERGY CORP $ GRUPO NUTRESA S.A. $ ECOPETROL S.A. $ HABITAT S.A. $ SIGDO KOPPERS S.A. $ PF BANCOLOMBIA S.A. $ EMPRESA NACIONAL DE TELECOMUNICACIONES S.A. $ BANCO DE CHILE S.A. $ SONDA S.A. $ SONDA S.A. $ FERREYCORP S.A.A. (ANTES FERREYROS S.A.A.) $ BANCOLOMBIA S.A. $ GRAÑA Y MONTERO S.A.A. $ AESGENER S.A. $ GRUPO NUTRESA S.A. $ SECRETARÍA MILA secretariamila@mercadointegrado.com 6