Tag: igbc

Colombian stocks drop 2.14%; peso hits 5-week high

Colombian stocks had one of their worst days of the year to date Thursday, falling sharply along with others global markets around the world on worries over fighting in Libya and credit concerns in Europe. The IGBC index,...

Colombian stocks slip 0.6%; peso weakens

Colombian stocks fell Monday due to a drop in locally-traded shares of oil company Pacific Rubiales Energy (PRE.T, PEGFF). The IGBC index, considered the Colombian stock market’s benchmark, declined 0.63% to close at...

IGBC index declines 0.18%; Peso strengthens

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 that trades in...

Stocks climb fueled by bank sector; Peso weakens

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% to 14443.58 points....

Colombian stocks decline further; peso weakens

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 index, considered the benchmark for...

IGBC index declines 0.56%; Peso weakens

Colombian stocks declined Wednesday for a second straight day amid fears that a truckers strike could hamper the operations of two of the country’s largest oil firms. The IGBC index, which encompasses the country’s...

IGBC stock index rises 0.08%; Peso strengthens

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 Colombian benchmark, rose 0.08%...

Colombian stocks move higher; peso weakens for 3rd day

Colombian stocks were higher Wednesday led by a big jump in oil stocks, the heaviest-weighted shares in the index. The IGBC index, considered the benchmark for Colombia, posted a 1.27% increase to close at 15098.13. Stocks...

Colombia 1Q stock outlook: 2-year rally begins to slow

  Colombian stocks are showing signs of fatigue early in 2011 after rallying 33% in 2010 and 53% in 2009, as some investors take to the sidelines over concerns the country’s economy is slowing and shares are overpriced....

Stocks rebound after seven sessions of declines

Colombian stocks gained Friday following seven straight sessions of declines, led by a strong rebound in state-run oil firm Ecopetrol. The Colombian Stock Exchange’s IGBC index of blue-chip stocks rose 0.60% to close at...

Stocks down for 7th session; Peso strengthens

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...

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