Santos reelection spurs Isagen shares to biggest gain in 5 years: Bloomberg
Shares in Colombia’s hydropower giant, Isagen, made their biggest daily gain since 2009 on...
Tag: shares
Colombia produces Latin America’s best stock returns over last decade
Colombia produced the best risk-adjusted stock returns in Latin America over the past 10 years, reported Bloomberg Thursday. The Bloomberg Riskless Return Ranking shows the index of the Colombian Stock Exchange (ICBG) returned...
Colombia targets Ecopetrol shares at foreign investors
Colombia is aiming state-run oil company Ecopetrol shares at foreign investors and sovereign investment funds, hoping to raise $3 billion, the mining and energy minister told Bloomberg Friday. Mauricio Cardenas said the...
Bancolombia offers $886 in preferential shares
Colombia’s biggest bank, Bancolombia, announced Friday a public offering of 64 million shares worth $886 million. The shares will first be offered exclusively to the current shareholders of Bancolombia in the domestic...
Exito says share sale successful
Colombian supermarket chain Almacenes Exito S.A. announced Tuesday its shares were oversubscribed by 172% in its share offering which ended September 23, according to a company press release. The share sale raised $1.33 billion,...
Almacenes Exito starts $1.4B stock sale
Colombian supermarket giant Almacenes Exito launched a $1.4 billion share sale Monday to finance expansion in the Uruguayan market. The public offering begins Monday and will end September 23. In a company press release Exito...
High demand for Colombian shares despite global market turbulence
Shares of four Colombian companies, Grupo Aval, Avianca, Nutresa and Ecopetrol, bucked the downward trend of the national stock market, financial publication Portafolio reported Friday. Demand for shares in these enterprises...
Canadian oil company lists on Colombian Stock Exchange
Canadian hydrocarbons company Petrominerales listed on the Colombian Stock Exchange making it the third Canadian firm to do so, Colombian media reported Wednesday. Investors will be able to purchase shares in Petrominerales in...
Ecopetrol to increase capitalization by 9.9%
The president of majority state-owned Ecopetrol said that the board of directors of the petroleum company are studying the process of increasing capital by 9.9%, Caracol Radio reported Friday. Ecopetrol President Javier...
Avianca-Taca shares have good take off
On the first day of trading, the price of Avianca Taca shares began at $2.80 and ended Tuesday at $3.21, after reaching a high of $3.35, reported economic website Portafolio. The owner of Avianca, German Efromovich is pleased...
Avianca modernizes aircraft fleet
Colombian airline Avianca will replace its Fokker 100 aircraft with the Airbus 318 on national flights announced Avianca President Fabio Villegas. Villegas said that the changeover will take place in mid-June as part of the...
Avianca gets green light to sell shares
The registration and public sale of Avianca shares was authorized by the Financial Supervisory Authority, El Espectador reported Friday. One hundred million preferential, no-voting-rights shares are to be issued and the income...
