Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
  • About us
  • Support us
  • Contact Us
  • Newsletter
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
Economy

Colcap index rises on Pacific Rubiales; Peso gains

by Adriaan Alsema February 21, 2012

Colombia news - BVC

Colombia’s benchmark index rose Monday for a sixth straight session, on this occasion fueled by gains in the shares of Pacific Rubiales Energy (PRE.T), while the peso continued to strengthen against the dollar.

The Colcap index, the benchmark for Colombia’s most actively traded shares, rose 0.2% to end the session at 1714.26 points. The index has gained 9.08% so far this year after losing 14% in 2011.

On Monday the gains were led by Pacific Rubiales Energy, a Toronto-based oil firm that ranks as Colombia’s largest private crude producer. The company’s shares rose 1.91% to COP49,200.

Ecopetrol SA (EC, ECOPETROL.BO), the state-run oil firm, fell 1.28% to close at COP4,995.

The Colombian peso, meanwhile, continued to strengthen against the dollar and closed at COP1,773.6 to the dollar from COP1,778.6 a day earlier. The yield on Colombia’s peso-denominated bond due July 2024 closed at 7.373%, after beginning the session at 7.341%.

Colombia pesoeconomystocks

Trending

  • Colombia’s hospitals collapsing, COVID-19 vaccination drive in chaos

  • Reported COVID-19 infections in Colombia skyrocket

  • The pandemic’s devastating impact on poverty in Colombia

Related articles

  • Foreign investment

  • Poverty and inequality

  • Colombia’s top bankers could face 4 years in prison, but evidence of tax evasion ignored

  • Facebook
  • Twitter
  • Linkedin
  • RSS

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top