FOREX TradingCharts.com

Financial News: COLOMBIA: Colcap On The Rise Before Closing, Driven

COLOMBIA: Colcap On The Rise Before Closing, Driven By Ecopetrol

11/09/2017 - 18:10:00 (RTTNews)

(RTTNews) - Colcap, the benchmark index of the Colombian Stock Exchange, gained 0.51% on Thursday, trading at 1,441.97 points, due to Ecopetrol's gains after a profit-taking movement recorded on the eve.

Erika Baquero, an analyst at Alianza Valores, also mentioned that the oil price rebound helped to lift the mood in the Colombian stock market.

Meanwhile, Avianca closed up although a local court has ordered the airline to suspend the dismissal of eight pilots engaged in a strike.

The shares of Ecopetrol (+3.13%), Davivienda (+2.01%), Bancolombia (1.78%), and Canacol (+1.60%) are rising, while ETB (-1.80%), Sura (-1.17%), and Éxito (-1.09%) are falling.

Meanwhile, the locally traded U.S. dollar closed the day at 3,010.30 Colombian pesos, marking a 0.28% drop, due to the investors' skepticism regarding a tax reform in the United States.

Agustín Vera, an analyst at Global Securities, said that investors question the likelihood that Congress would approve President Donald Trump's fiscal agenda before the Thanksgiving holiday.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Cash Remains Preferred Payment Option In Eurozone: ECB Study (04 hr(s), 03 min(s), 29 sec(s) ago)
(RTTNews) - Euro zone consumers still prefer cash to other options for paying for their purchases, ...Full Story»

ECB's Coeure Warns Against Fake Data (04 hr(s), 21 min(s), 29 sec(s) ago)
(RTTNews) - Fake statistics are equally threatening to the euro area economy as fake news is to po ...Full Story»

Eurozone Economy Set To Extend Surprisingly Positive Run In 2018 (04 hr(s), 32 min(s), 29 sec(s) ago)
(RTTNews) - As the outlook for consumption is improving, the Eurozone economy is on its way to ext ...Full Story»

Swiss Industrial Production Expands In Q3 (06 hr(s), 12 min(s), 29 sec(s) ago)
(RTTNews) - Switzerland's industrial production and turnover increased notably in the third qu ...Full Story»

UK Mortgage Approvals At 13-Month Low (06 hr(s), 21 min(s), 29 sec(s) ago)
(RTTNews) - UK mortgage approvals declined to a 13-month low in October, data from UK Finance show ...Full Story»

German Business Confidence At Record High (06 hr(s), 20 min(s), 29 sec(s) ago)
(RTTNews) - Germany's business confidence strengthened to a new record in November on optimist ...Full Story»

Turkey Capacity Utilization Rises; Business Confidence Weakens (06 hr(s), 45 min(s), 29 sec(s) ago)
(RTTNews) - Turkey's capacity utilization rate increased for the fourth straight month in Nove ...Full Story»

Poland Jobless Rate Falls More Than Expected In October (07 hr(s), 04 min(s), 29 sec(s) ago)
(RTTNews) - Poland's unemployment rate decreased more-than-expected in October, figures from t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Cash Remains Preferred Payment Option In Eurozone: ECB Study

11/24/2017 - 09:31 AM (RTTNews)
(RTTNews) - Euro zone consumers still prefer cash to other options for paying for their purchases, ...Full Story>>

ECB's Coeure Warns Against Fake Data

11/24/2017 - 09:13 AM (RTTNews)
(RTTNews) - Fake statistics are equally threatening to the euro area economy as fake news is to po ...Full Story>>

Eurozone Economy Set To Extend Surprisingly Positive Run In 2018

11/24/2017 - 09:02 AM (RTTNews)
(RTTNews) - As the outlook for consumption is improving, the Eurozone economy is on its way to ext ...Full Story>>

Swiss Industrial Production Expands In Q3

11/24/2017 - 07:22 AM (RTTNews)
(RTTNews) - Switzerland's industrial production and turnover increased notably in the third qu ...Full Story>>

German Business Confidence At Record High

11/24/2017 - 07:14 AM (RTTNews)
(RTTNews) - Germany's business confidence strengthened to a new record in November on optimist ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.