The IGBC fell to its lowest level since July 18 this year.
The action further down was the rookie Petrominerales (Pmgc) in its second trading day down 8.86 percent to 48,560 pesos closure, followed by Canacol Energy (NCRC) with a loss of 8.02 percent 1720 Preferential weights and Avianca, Taca with a negative variation of 5.46 percent to 4325 pesos.
The Colombian market crash was the result of drag generated by the global trend, with increasing risk aversion by increasing concerns about the U.S. economy and the problems of debt in the euro zone.
The price of the dollar rose 0.83 percent and stood at 1786 pesos, compared to previous day's close of 1771.25 pesos, topping the moving average of the last 50 days, something that had not happened since 26 May.
In turn, the IGBC stock index ended the Colombian stock average fell 3.23 percent to 13420.71 units, businesses 228.263 million pesos (128.7 million dollars).
The main falls of the day occurred in the shares of companies in the oil sector, hit by the slump in international oil prices.
Shares of Pacific Rubiales fell 4.68 percent to 47,300 pesos, while Ecopetrol 1.21 percent, to 3680 pesos, standing below the 3,700 pesos which is the value of the offer that keeps company in the market.
Shares of newly listed Canacol and Petrominerales fell 8.02 percent to 1,720 pesos, and 8.86 percent to 48,560 pesos, respectively.
'This trend comes amid a global market nervous, despite the absence of high-impact news in the day, is active as punishing stock, commodities, currencies and emerging market bonds, with the Treasury of the United States and the two major gold-haven assets, "said a report from the Bank of Bogotá.
Meanwhile, the domestic public debt, TES is devalued in the secondary market, after adjusting for the portfolios of investors as a hedge against the current turmoil.
The referenced TES maturing in July 2024 ended in a yield of 7.621 percent from the previous session's close of 7.56 percent.
The action further down was the rookie Petrominerales (Pmgc) in its second trading day down 8.86 percent to 48,560 pesos closure, followed by Canacol Energy (NCRC) with a loss of 8.02 percent 1720 Preferential weights and Avianca, Taca with a negative variation of 5.46 percent to 4325 pesos.
The Colombian market crash was the result of drag generated by the global trend, with increasing risk aversion by increasing concerns about the U.S. economy and the problems of debt in the euro zone.
The price of the dollar rose 0.83 percent and stood at 1786 pesos, compared to previous day's close of 1771.25 pesos, topping the moving average of the last 50 days, something that had not happened since 26 May.
In turn, the IGBC stock index ended the Colombian stock average fell 3.23 percent to 13420.71 units, businesses 228.263 million pesos (128.7 million dollars).
The main falls of the day occurred in the shares of companies in the oil sector, hit by the slump in international oil prices.
Shares of Pacific Rubiales fell 4.68 percent to 47,300 pesos, while Ecopetrol 1.21 percent, to 3680 pesos, standing below the 3,700 pesos which is the value of the offer that keeps company in the market.
Shares of newly listed Canacol and Petrominerales fell 8.02 percent to 1,720 pesos, and 8.86 percent to 48,560 pesos, respectively.
'This trend comes amid a global market nervous, despite the absence of high-impact news in the day, is active as punishing stock, commodities, currencies and emerging market bonds, with the Treasury of the United States and the two major gold-haven assets, "said a report from the Bank of Bogotá.
Meanwhile, the domestic public debt, TES is devalued in the secondary market, after adjusting for the portfolios of investors as a hedge against the current turmoil.
The referenced TES maturing in July 2024 ended in a yield of 7.621 percent from the previous session's close of 7.56 percent.
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