The following companies are having unusual price changes in Bogota trading.
Stock symbols are in parentheses and prices are as of 11:50 a.m. New York time.
The IGBC Index fell 1.3 percent to 13,279.31, while the Colcap Index fell 1.5 percent to 1,617.27.
Almacenes Exito SA (EXITO) , Colombia’s biggest retailer, fell 1.6 percent to 22,640 pesos.
Stock symbols are in parentheses and prices are as of 11:50 a.m. New York time.
The IGBC Index fell 1.3 percent to 13,279.31, while the Colcap Index fell 1.5 percent to 1,617.27.
Almacenes Exito SA (EXITO) , Colombia’s biggest retailer, fell 1.6 percent to 22,640 pesos.
The company said it began offering 2.5 trillion pesos ($1.4 billion) of shares today in a sale that will end Sept. 23, according to an e-mailed statement.
The Medellin-based company is offering 114 million shares at 21,900 pesos each, the statement said.
Fabricato SA (FABRI CB), Colombia’s biggest textile maker, rose 1.4 percent to 72 pesos.
The U.S. House of Representatives on Sept. 7 will consider a bill to renew tariff preferences for developing countries, a step that may ease the way for free- trade agreements with South Korea, Colombia and Panama. Laena Fallon, a spokeswoman for House Majority Leader Eric Cantor, a Virginia Republican, outlined plans for the House vote next week in a Sept. 2 e-mail.
Interconexion Electrica SA (ISA) , a Colombian electricity and roadway company, was unchanged at 12,200 pesos after falling as much as 1.6 percent.
The company’s Brazilian subsidiary was awarded two lots in a Sept. 2 transmission concession auction, according to an e-mailed statement.
The concessions include three substations and four transmission lines, extending the subsidiary’s presence into Brazil’s Paraiba and Pernambuco states.
The Medellin-based company is offering 114 million shares at 21,900 pesos each, the statement said.
Fabricato SA (FABRI CB), Colombia’s biggest textile maker, rose 1.4 percent to 72 pesos.
The U.S. House of Representatives on Sept. 7 will consider a bill to renew tariff preferences for developing countries, a step that may ease the way for free- trade agreements with South Korea, Colombia and Panama. Laena Fallon, a spokeswoman for House Majority Leader Eric Cantor, a Virginia Republican, outlined plans for the House vote next week in a Sept. 2 e-mail.
Interconexion Electrica SA (ISA) , a Colombian electricity and roadway company, was unchanged at 12,200 pesos after falling as much as 1.6 percent.
The company’s Brazilian subsidiary was awarded two lots in a Sept. 2 transmission concession auction, according to an e-mailed statement.
The concessions include three substations and four transmission lines, extending the subsidiary’s presence into Brazil’s Paraiba and Pernambuco states.
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