Credicorp Ltd. (BAP) gapped open sharply lower Monday and declined throughout the middle portion of the afternoon. The stock finished down by 19.13 at $82.55 on the highest volume of the year.
Credicorp sank beneath a one-month trading range Monday and closed at a new low for the year. Raymond James downgraded its rating on the stock this morning, following the results of the Peruvian presidential election.
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