Perez clocked 1:25.278s to finish fourth ahead of teammate Hulkenberg (1:25.325s).
Meanwhile, it was not a good opening outing for Ferrari as Sebastian Vettel, who finished practice in third place, was over 1.5 seconds behind the leading Mercedes driver Lewis Hamilton.
The sessions witnessed a number of spins and offs as drivers tested the limits of their cars.
The only red flag in the session came midway through the 90 minutes when Toro Rosso's Carlos Sainz beached his car in the gravel after a spin.
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