Articles

Thursday, May 26, 2011

Bolsa de Valores, Colinversiones, Tablemac Rise

The following companies are having unusual price changes in Bogota trading.

Stock symbols are in parentheses and prices are as of 12:01 p.m. New York time.

The IGBC Index rose 0.7 percent to 14,272.27, while the Colcap Index rose 0.4 percent to 1,725.

Bolsa de Valores de Colombia (BVC) SA, the operator of the country’s main securities exchange, rose 2.6 percent to 43.4 pesos as the bourse is set to open trading with Peruvian and Chilean exchanges May 30 in Latin America’s first international exchange integration.

Cia. Colombiana de Inversiones SA (COLINV CB) rose 1.3 percent to 5,020 pesos after the company said it acquired 6.6 billion pesos in assets in a hydroelectric project in San Andres de Cuerquia in Antioquia, according to a regulatory filing yesterday.

Ecopetrol SA (ECOPETL) , Colombia’s largest oil company, fell 0.1 percent to 3,950 pesos after saying it plans to ship a greater share of its crude to Asia as growing demand in China competes for supplies with the U.S.

Tableros y Maderas de Caldas SA (TABLEMA) , a Colombian wood products maker, rose 1.6 percent to 12.4 pesos, its highest in more than four years on an intraday basis, as investors bet the company will finish production of the country’s first medium-density fiberboard plant earlier than expected, said Juan Fernando Restrepo, head of research at Interbolsa SA.

No comments:

Post a Comment

Thanks for your visit, hope you enjoy the content, we expect to see you again soon.