Colombia market update – May 25, 2011
The Colcap index was down slightly Wednesday, 0.20%, as the weight of Ecopetrol, Bancolombia, and Gruposura brought the index lower. Volume kept up pace as COP$160 billion traded, led by…
The Colcap index was down slightly Wednesday, 0.20%, as the weight of Ecopetrol, Bancolombia, and Gruposura brought the index lower. Volume kept up pace as COP$160 billion traded, led by…
The Colcap index rose 0.72% today on strong volume as Tablemac and Conconcreto led the advance while Fabricato again traded in heavy volume but down 5.22%. Rumors had swirled that…
The Colombian market was quiet Monday as the Colcap index ticked slightly down by 0.08% on COP$88.8 billion in volume. Fabricato led the upside as it increased 8.49% on COP26.5…
The Colombian equities market was relatively flat Wednesday as the Colcap index dropped 0.14%, while the similar Colcap20 (liquidity-weighted index) increased 0.11%. Pacific Rubiales led volume with COP48 billion being…
Negative news from the U.S. and word of restructuring Greece’s debt led to depressed markets globally today, while the Colcap index gained 0.77%. Volume picked back up to average levels…
The Colcap index added 0.28% Wednesday on relatively heavy volume of $112 million. The first IPO of the year, AviancaTaca led volume in the markets on its first day of…
Markets were shaken today following the announcement that S&P issued a negative outlook for U.S. debt. While this doesn’t constitute a downgrade of the world’s largest economy, they cited evidence…
The Colombian Colcap shed 0.74% in trading today as the slide continued this week. While the world news was focused on the leaders of the U.S., U.K., and France showing…
The selloff in world markets didn’t continue Wednesday as most had mildly positive gains. The Colombian Colcap was up 0.36% following Tuesday’s brutal trading. The market was led up by…