The Colcap index was down slightly Wednesday, 0.20%, as the weight of Ecopetrol, Bancolombia, and Gruposura brought the index lower. Volume kept up pace as COP$160 billion traded, led by new issue AviancaTaca.
Colinversiones agreed to acquire the assets of hydro electric plant San Andres for COP$6.6 billion. The generation capacity of the plant is 19.9MW and operates on the San Andres River in Antioquia.
The peso was nearly unchanged today and closed at 1,831.71.
Author Michael Sutton is head of International Trading at Bolsa y Renta.
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