Posted by Michael Sutton | May 30, 2011 | Economy
Colombia’s Colcap index finished today’s session higher by 0.34% after a strong day from Bancolombia and Canacol. Volume was extremely light at COP$73 billion. The small cap textile manufacturer, Fabricato, had more than...
Read MorePosted by Michael Sutton | May 25, 2011 | Economy
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 new issue AviancaTaca. Colinversiones...
Read MorePosted by Michael Sutton | May 24, 2011 | Economy
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 company would put itself up for sale...
Read MorePosted by Michael Sutton | May 23, 2011 | Economy
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 billion in volume. YTD, the stock is up 113.75%....
Read MorePosted by Michael Sutton | May 18, 2011 | Economy
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 exchanged...
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