Petro orders Colombia’s security forces to end ceasefire...
Central Colombia mining disaster kills 21, rescue attempts...
At least 11 dead, 10 missing after central...
Can Colombia afford excluding paramilitaries from peace process?
‘Ivan Mordisco’
Colombia’s ‘total war’ on illegal mining shuts down...
Petro announces peace process with Colombia’s dissident FARC...
Colombia’s government and ELN rebels revise peace talks...
Venezuela extradites convicted former lawmaker to Colombia
Colombia’s war crimes tribunal accuses former chief prosecutor...
  • 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

IGBC stock index falls along with NY stocks’ drop

by Adriaan Alsema September 8, 2010
895

Colombia news - Stocks down

The Colombian IGBC stock index Tuesday fell following a decline in stock prices in New York.

The IGBC benchmark index fell 0.4% to 14,208.87 points. The Colcap index, which includes the largest companies by market capitalization, fell 0.3% to 1,715.27 points.

“The shares of Bancolombia (CIB) fell following New York, as they trade there and there is the possibility of arbitrage,” said Jorge Zuniga, a market analyst with local brokerage Interbolsa SA.

Bancolombia’s shares fell 2.5% to COP28,760.

Zuniga said the stock index will resume growth. The index has reached levels never seen before in August on investors’ appetite for shares.

He expects the index will reach 15,000 points soon.

The Colombian peso was almost unchanged at COP1,807.1 from COP1,807 on Monday.

The yield on the benchmark Colombian peso-denominated government bond, or TES, maturing in 2020, rose to 7.242% from 7.174% on Monday.

economystocks

Contribute

Trending

  • Venezuela extradites convicted former lawmaker to Colombia

  • Colombia’s ‘total war’ on illegal mining shuts down gold mining region

  • Colombia’s government and ELN rebels revise peace talks agenda

For patrons

Downloads for patrons

Related articles

  • Colombia’s GDP and GNI

  • Inflation

  • Foreign trade

  • 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