The Colcap index rose 1.34% Tuesday, in line with increases on exchanges across the world.
News out of the States of Microsoft’s offer to purchase Skype for $8.5 billion bolstered the markets, while here in Colombia March exports were up 46.5% year over year as they increased to $12.6 billion.
This year’s leader in returns on the Colombian Stock Exchange, Fabricato, was again today the best performer with a 3.95% gain followed by the significantly larger Ecopetrol at 3.31%.
The peso was slightly stronger to the dollar today finishing the session at 1,787.02.
Oil and gold were both stronger as the increased 0.79% and 0.88%, respectively. Cotton and coffee were the big winners as they gained over 4%.