Colombia’s Colcap index drops on Ecopetrol; Peso weakens
Colombia’s benchmark blue-chip index fell Thursday, pushed lower by a decline in the shares of state-run oil firm Ecopetrol SA, while the peso weakened slightly against the dollar. The Colcap…
Colombia’s benchmark blue-chip index fell Thursday, pushed lower by a decline in the shares of state-run oil firm Ecopetrol SA, while the peso weakened slightly against the dollar. The Colcap…
Colombian stocks surged toward their highest price levels of the year Wednesday on optimism over efforts by the International Monetary Fund to repair global debt problems. The Colcap index, considered…
Colombian stocks surged nearly 1% Tuesday on higher oil prices, while the peso appreciated against the dollar after retreating for two straight days. The Colcap index, the benchmark for the…
Colombian stocks fell Monday on concerns the local economy could be hurt by financial problems in Europe after ratings company Standard & Poor’s downgraded nine European nations. The Colcap index,…
Colombian central bank chairman Jose Dario Uribe on Wednesday blamed the recent sharp appreciation of the peso in January on external factors, mainly a better economic outlook for the U.S.…
The Colombian peso has been on a tear since the start of the year, strengthening against the dollar on a combination of booming domestic growth and a steady influx of…
The peso to dollar rate hit a two-month high, helped by foreign direct investment in Colombia in 2011 reaching $14.8 billion. At 10:24AM Tuesday local time the Colombian currency…
Colombian stocks rose Monday amid outsized gains in shares of Canada-based Canacol Energy Ltd., while the Colombian peso strengthened for a second straight session. The Colcap index, the Colombian Stock…
Colombian stocks declined for a fourth straight session Thursday, once again driven lower by a fall in oil and financial shares, while the peso strengthened slightly against the dollar. The…