Colombia market update – August 1

The market was quiet Monday as only COP94 billion traded hands leading to a gain of 0.62% for the Colcap index.

Bancolombia was the most traded name and increased 1.52%, helping lift the market. ETB, which has been extremely choppy lately as the discussions of privatization continue, gained 3.52%.

The peso rebounded against the dollar after losing ground last week. It closed 0.67% stronger today to finish at 1,767.10.

Thursday and Friday, DANE will report July figures for the Producer Price Index and Consumer Price Index, respectively.

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