The following companies had unusual price changes in Bogota trading.
Stock symbols are in parentheses and prices are as of 4 p.m. New York time.
The IGBC Index fell 0.5 percent to 14,482.01, while the Colcap Index dropped 0.3 percent to 1,703.10.
Empresa de Telecomunicaciones de Bogota SA (ETB CB), the state-run phone company serving Colombia’s capital, fell 3.9 percent to 612 pesos.
Comptroller Monica Certain gave the company 10 days to file a plan of action to keep from continuing to lose value after failing to find a strategic partner to finance an expansion.
The IGBC Index fell 0.5 percent to 14,482.01, while the Colcap Index dropped 0.3 percent to 1,703.10.
Empresa de Telecomunicaciones de Bogota SA (ETB CB), the state-run phone company serving Colombia’s capital, fell 3.9 percent to 612 pesos.
Comptroller Monica Certain gave the company 10 days to file a plan of action to keep from continuing to lose value after failing to find a strategic partner to finance an expansion.
Cementos Argos (CEMARGOS CB) rose 1 percent to 10,600 pesos.
The company announced today completion of a 900 billion peso ($495 million) roadway in Barranquilla, according to the daily La Republica.
Ecopetrol SA (ECOPETL) , Colombia’s largest oil company, dropped 1.7 percent to 3,700 pesos, its lowest price since Sept. 30, 2010, as crude fell from a 30-month high after the International Monetary Fund cut its growth forecasts for the U.S. and Japan.
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