Colombian stock index rises to record high
The Colombian stock index rose to a record high on Monday as investors expect companies to report strong profits in the second quarter, The Wall Street Journal reports. Colombia’s benchmark…
The Colombian stock index rose to a record high on Monday as investors expect companies to report strong profits in the second quarter, The Wall Street Journal reports. Colombia’s benchmark…
Bancolombia, Colombia’s largest bank, approved the issue of COP1.2 trillion worth of bonds or its equivalent in dollars, the Wall Street Journal reports. The board announced in a statement on…
Colombian banks posted a combined net profit of $472 in January and February, up 0.8% on the same period in 2009, the country´s banking regulator said Monday, reports The Wall…
Colombia’s central bank decided Friday to leave the record-low benchmark interest rate unchanged for a fourth straight month, in an attempt to boost the economy’s recovery. A Bloomberg survey of…
Colombia’s financial institutions posted a combined net profit of COP262 billion ($138 million) in January, down 29% from the same month in 2009, as lending rose marginally and the value…
The Colombian stock index rose 0.5% on Friday as investors anticipate the country’s largest bank, Bancolombia SA, will release high profit on Monday. The Colombian benchmark IGBC index gained 0.5%…
The yield on the benchmark Colombian peso-denominated debt fell on Monday after January inflation data came out in line with expectations. The yield on the 20-year peso-denominated bond, known as…
Colombia’s benchmark IGBC stock index rose 0.78% on Wednesday to another all-time high of 11,683.43 points. The rally is being driven by low interest rates, higher world markets and local…
Colombia’s benchmark IGBC stock index rose 0.46% to a record high of 11,592.81 points, as an end-of-year rally driven by low interest rates and high levels of liquidity continued. “We…