June 4, 2019 |
Political turmoil in Peru has kept investors away from the local stock market and effectively shut off a source of funding for mid-sized companies, LatinFinance has heard.
"Congress and the executive branch are facing off against each other and Congress could be closed, something that has not happened in 25 years," said a corporate financial advisor in Peru.
"The whole alternative stock market, or MAV, for mid-sized companies is paralyzed. Many companies have postponed deals. People are afraid
Mid-sized companies are effectively shut out of the Lima stock exchange, source says