Bogota’s mayor-elect Gustavo Petro alleged Monday that there had been irregularities in the massive buying and selling of shares by the Colombian capital’s energy company last week. Petro said that…
The mayor-elect of Bogota asked the management of city-run electricity company EEB to “use the share buying fund to prevent speculative blows” Friday. The share value of EEB fell by…
Colombian stocks surged Monday following a sharp rebound in U.S. stocks triggered by hopes of a pact in Europe stemming the region’s sovereign debt-crisis. The Colcap index, the benchmark for…
Colombian stocks ended lower Friday as persistent concerns about Europe’s debt woes kept global investors reluctant to renew their bets in emerging markets. The Colombian Stock Exchange’s benchmark Colcap index…
Colombia stocks declined along with other Latin American markets Friday as a better-than-forecast U.S. jobs report wasn’t enough to offset lingering concerns about Europe’s debt problems. The Colcap index, considered…
Almacenes Exito, Colombia’s largest retailer, is pushing ahead with a $1.4 billion share offering, with the company expected to sell the full amount despite ongoing turbulence in the markets. The…
Colombian stocks fell Thursday as a drop in global oil prices pushed down shares of locally traded oil stocks Ecopetrol and Pacific Rubiales. The Colcap index, which encompasses the country’s…
Colombian stocks gained for the fourth straight session Wednesday despite more declines in the share price of oil company Pacific Rubiales Energy Corp. The Colcap index, which encompasses the country’s…
Colombia’s Colcap index surged 1.84% Monday along with global markets. The energy companies did particularly well as Petrominerales led the day with gains of 8.76%. Ecopetrol and Pacific Rubiales followed…