Posted by Michael Sutton | Jul 18, 2011 | Economy
The Colcap index rose moderately, 0.33%, Monday after a rough start early on. Volume was extremely light as only COP$83.3 billion was traded, or nearly half of average daily volume this year. Grupo Aval (1.98%) and Ecopetrol...
Read MorePosted by Michael Sutton | Jul 12, 2011 | Economy
Colombia’s Colcap index fell for a 5th straight day as 0.92% was shed to bring this year¡¦s decline to 12.38%. Volume was nearly equal to yesterday as COP$148 billion was traded. Biomax led the day with gains of 1.85% on...
Read MorePosted by Michael Sutton | Jul 11, 2011 | Economy
The bloodbath continues in markets across the world and it didn’t spare Colombia. The Colcap index dropped 2.64% to send it into double digit losses on the year. Volume was above recent daily averages as COP$148.3 billion...
Read MorePosted by Michael Sutton | Jul 9, 2011 | Economy
The Colcap index fell for the third straight day, though on very light volume of COP76.5 billion. Only two names showed gains, Canacol and AviancaTaca, both of whom have struggled mightily the past month. Canacol has the worst...
Read MorePosted by Michael Sutton | Jul 6, 2011 | Economy
Colombian equity markets took a beating today as the Colcap index shed 2.25% on volume of COP150.6 billion. Only 2 names were in positive territory and the rest finished flat or down with Gruposura, AviancaTaca, and Canacol...
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