IGBC index falls, peso strengthens
Colombia’s benchmark IGBC stock index fell 0.58% to 11,478.70 points Thursday, driven lower by a 0.97% fall in state-controlled oil company Ecopetrol. “The market opened higher, following the U.S., then…
stocks
Exito raises COP435B selling new shares
Colombia’s largest retailer, Almacenes Exito SA, raised COP435 billion (US$218 million) by selling new shares, the company said in a filing to the local market regulator. The company raised COP217…
IGBC stock index ends at new record high
Colombia’s benchmark IGBC stock index Thursday ended at an all-time record high as part of a year-end rally. The index rose 1.2% to end at 11,558.72 points. The previous IGBC…
IGBC stock index opens above all-time record high
Colombia’s benchmark IGBC stock index Thursday opened above its all-time record high as part of a year-end rally. The index was up 1% to 11,536.48 points at 9.23 a.m., EST.…
Stocks rise to highest level since November 2007
The Colombian benchmark IGBC stock index Wednesday rose to end at its highest level in two years, approaching its all-time record. The stock index gained 0.4% on Wednesday to 11423.48…
Colombia stocks end higher; peso appreciates
The Colombian benchmark IGBC stock index ended higher Tuesday, following strong gains on the New York Stock Exchange. The IGBC stock index gained 1.2% to 11,376.05 points, the highest level…
ISA to raise cash selling 32 million new shares
Colombian state-controlled electricity grid operator Interconexion Electrica, or ISA, started to raise cash through the sale of 32 million new shares to finance its investment plans, the company said in…
ISA to raise US$186M in new shares next week
Colombian state-controlled power grid operator Interconexion Electrica SA, or ISA, next week plans to raise about 371 billion Colombian pesos (US$186 million) from the sale of new shares, the…
Colombia to sell up to 15% stake in Ecopetrol: Minister
The Colombian government plans to sell as much as 15% of state-controlled oil company Ecopetrol SA to finance construction of new roads and other projects in the country, Finance Minister…