Posted by Michael Sutton | Sep 29, 2011 | Economy
Colombia’s Colcap index gained 1.03% on the back of a healthy showing from Ecopetrol which gained 2.45%, though nothing close to the 10% gain seen in Grupo Aval. Canacol’s results from the quarter ending June 2011 beat...
Read MorePosted by Michael Sutton | Sep 26, 2011 | Economy
Colombia’s Colcap index fell 0.59% Monday as the majority of names were in negative territory (21 losers vs. 9 gainers). Canacol was roughed up for a loss of 8.33% and Pacific Rubiales was down 3.14%. Volume registered...
Read MorePosted by Michael Sutton | Sep 19, 2011 | Economy
Colombia’s Colcap index shed 0.24% on light trading of COP$120.8 billion. Price changes were rather muted across the spectrum as a pair of smaller companies, Corficol and Biomax, led the gainers while Colinversiones fell...
Read MorePosted by Michael Sutton | Sep 15, 2011 | Economy
Colombia’s Colcap index added 0.38% led by strong days from Bancolombia and Cementos Argos on slightly below average volume of COP154.4 billion. Petrominerales led the market with a gain of 4.25% after announcing this...
Read MorePosted by Michael Sutton | Sep 13, 2011 | Economy
The Colcap index rallied for a win Tuesday after 3 days of losses. Though gains were minimal at 0.26%, volume jumped back to healthy levels of COP$182.3 billion. AviancaTaca led the day with a gain of 5.46% and Pacific Rubiales...
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