Colombia preparing tropical paradise for tourism after 500...
Hacktivists leak 178,000 documents from Colombia’s military
Colombia’s State sentenced for exterminating political party
Colombia’s capital Bogota awarded for failing crime policy
OAS urges Colombia to release people arrested over...
Colombia’s war crimes tribunal hears notorious former warlord
Colombia’s GDP and GNI
Panama arrests US citizen suspected in Colombia of...
Colombia seeking mastermind behind Paraguay prosecutor kill plot
Colombia’s government and ELN rebels overcome “crisis” in...
  • 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

Colombian stocks climb 2.2% tracking US; Peso strengthens

by Adriaan Alsema November 28, 2011

Colombia stocks

Colombian stocks surged Monday following a sharp rebound in U.S. stocks triggered by hopes of a pact in Europe stemming the region’s sovereign debt-crisis.

The Colcap index, the benchmark for Colombian shares, is up 2.2% in morning trading to 1515.23 points. The index has declined for nine straight sessions as was down 18.70% so far this year up to Friday.

The gains Monday are led by Pacific Rubiales Energy (PRE.T, PEGFF), a Toronto-based oil firm that ranks as Colombia’s top private oil producer. The company’s shares, which were pummeled last week, are up 5.14% to COP38,900.

Shares of state-run oil Ecopetrol SA climb 2.05% to COP2.48%.

The Colombian peso, meanwhile, strengthens against the dollar and trades at COP1,942.35 from 1,958.95 on Friday.

economystocks

Trending

  • Panama arrests US citizen suspected in Colombia of murdering fiancé

  • Colombia’s capital Bogota awarded for failing crime policy

  • Colombia’s war crimes tribunal hears notorious former warlord

For patrons

Downloads for patrons

Related articles

  • Colombia’s GDP and GNI

  • Inflation

  • Colombia’s peso could end up losing 25% against US dollar in 2022

  • Twitter
  • Email
  • Rss

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


Back To Top
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