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.

Related posts

Colombia’s Senate agrees to begin decentralizing government

Colombia’s truckers agree to lift blockades after deal with government

Truckers shut down parts of Colombia over fuel price hikes