Author: Michael Sutton

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 of COP165.7 billion. Canacol reported 1Q11...

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 trading. After increasing nearly 18% on the open, it fell...

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 both politically and...

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 their fortitude to remove Col. Gadhafi, oil rose to over...

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 strong gains in Ecopetrol and GrupoAval,...