Colombia’s “status quo” vs democracy and peace
FARC reintegration chief assassinated in south Colombia
“Corruption cost Colombia’s peace process $119M”
Colombia suggests top guerrilla leader killed in Venezuela
Renowned economist designated Colombia’s new finance minister
Truth Commission: Colombia needs radical policy changes to...
Colombia’s controversial moment of truth
At least 49 dead after ‘prison break attempt’...
Colombia’s incoming government begins “total peace” offensive
Colombia investigating bullfighting tragedy
  • About
  • Support
  • Newsletter
  • Contact
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

Colombia market report – Tuesday, March 22

by Michael Sutton March 23, 2011

Colombia news

Markets in Colombia were closed yesterday and got off to a sluggish start following the long weekend. The Colcap was down 0.10% and volume was roughly USD$85 million.  Grupo Aval, one of the largest financial holding companies in the country, announced it would extend the date for offering new shares to the public to April 11. The company is issuing between roughly USD$500 million and USD$1 billion, the price of individual shares offered will be COP$1,300.

The peso strengthened today to 1,866.70 to the dollar, making gains on the year top 2.0% as El Banco de la Republica continues its purchase of USD$25 million on a daily basis to contain the gains.

WTI oil was up 1.6% today to $104/barrel on continued fears in the Middle East as Yemen is now becoming the highlight of the uprisings. There are also expectations that the rebuilding of Japan could spur demand for oil in the coming years.

economystocks

Trending

  • At least 49 dead after ‘prison break attempt’ in west Colombia

  • Truth Commission: Colombia needs radical policy changes to end conflict

  • Renowned economist designated Colombia’s new finance minister

Related articles

  • Gross domestic product

  • Labor and unemployment

  • Scholars’ drastic solutions for Colombia | Part 1: renegotiating free trade

  • RSS

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


Back To Top