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Tuesday, January 3, 2012

Colombia Stock Movers : ETB Declines, Banco de Bogota Advances

The following companies had unusual price changes in Bogotá trading. 

Stock symbols are in parentheses and prices are as of 4 p.m. local time.

The IGBC Index (IGBC) rose 0.6 percent to 12,735.77, while the Colcap Index rose 0.4 percent to 1,577.71. Colombian markets were closed Dec. 30 for the year-end holiday.

Empresa de Telecomunicaciones de Bogotá S.A. (ETB) , the phone company serving Colombia’s capital, fell 0.4 percent to 475 pesos. ETB, as the company is known, called for an extraordinary shareholder’s meeting Jan. 11, according to a filing on the regulator’s website.

Colombian banks saw profit rise 20 percent in the first eleven months of the year to 4.12 trillion pesos ($2.1 billion) from 3.43 trillion pesos a year earlier, according to data released Dec. 29 by the financial regulator.

Banco de Bogotá S.A. , the nation’s second-biggest lender, jumped 1.8 percent to 49,900 pesos.

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