Colombian stocks posted a slight decline Thursday, while the peso strengthened against the dollar. The benchmark IGBC index retreated 0.18% to 14576.47 points. Pacific Rubiales Energy, a Canada-based oil company…
The Colombian peso has been retreating against the dollar, easing pressure on the central bank to buy up U.S. currency, although an interest rate decision later this week and robust…
Colombian stocks rose Friday, fueled by gains in financial sector stocks, while the peso continued to retreat against the dollar. The IGBC index, which encompasses Colombia’s blue-chip firms, rose 0.11%…
Central bank intervention has helped keep Colombia’s currency from getting too strong against the dollar, but divine intervention — in the form of torrential rainfalls — clearly deserves some of…
Colombian stocks moved lower Wednesday and are now down 6% so far in 2011 as the commodities-heavy exchange suffers from worries over the effects of China’s interest-rate hike. The IGBC…
Colombia’s benchmark index rose Tuesday, bucking a trend of five consecutive sessions of declines, fueled by gains in oil stocks. The IGBC index, which includes Colombia’s blue-chip companies, climbed 0.91%…
Colombia’s central bank purchased $400 million in January, in line with its policy of soaking up dollars from the currency market in a bid to halt the peso’s surge, the…
Colombian stocks fell Tuesday led by declines in state-controlled utility firms. The IGBC index, considered the benchmark for Colombia, posted a 0.34% decline to close at 15027.20. Shares of state-run…
Colombian stocks inched higher Monday, fueled by oil shares in the country’s main index, while the peso strengthened against the dollar for a second-straight trading day. The IGBC index, the…