Colombia investigating bullfighting tragedy
Petro’s first moves to restructure Colombia’s government
Petro and Duque meet over transition of power...
Colombia confronts former FARC chiefs with suffering kidnapping...
Colombia hears former guerrilla chiefs over mass kidnappings
Petro’s quest for a majority in Colombia’s Congress
Colombia’s ELN guerrillas reiterate call to resume peace...
Colombia begins transition of power after elections
The peaceful revolution of Colombia’s “nobodies”
Historic victory for Gustavo Petro in Colombia’s elections
  • 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

Stocks down for 7th session; Peso strengthens

by Newswires January 7, 2011

Colombia news - stocks down

Colombian stocks continued to tumble Thursday and have now declined in each of the past seven sessions going back to late 2010 as worries about accelerating food-price inflation led investors to sell shares in grocers and food producers.

The Colombian Stock Exchange’s IGBC index of blue-chip stocks declined 1.61% to close at 15,009 points. Since hitting a high of 15,805 points Dec. 27, the IGBC has retreated 5%.

Shares of Grupo Nacional de Chocolates SA, the country’s largest food producer, declined 1.08% to COP25,700 ($13.66). Shares of Almacenes Exito, Colombia’s largest retailer whose main business is hypermarket stores that sell everything from groceries to appliances, fell 1.29% to COP23,000.

Ecopetrol, the IGBC’s second-heaviest weighted share, also declined, falling 2.06% to COP3,805.

Meanwhile, the Colombian peso strengthened Thursday, ending at COP1,867 to the dollar, from COP1,881 at Wednesday’s close. (Dan Molinski / Dow Jones Newswires)

economyigbcstocks

Trending

  • Petro’s quest for a majority in Colombia’s Congress

  • The peaceful revolution of Colombia’s “nobodies”

  • Colombia hears former guerrilla chiefs over mass kidnappings

Related articles

  • Gross domestic product

  • Labor and unemployment

  • Scholars’ drastic solutions for Colombia | Part 1: renegotiating free trade

  • RSS

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


Back To Top