#marcela ram

Colcap, the benchmark stock market index in Colombia, fell 0.25% near the end of Thursday’s session, weighed by a profit-taking move in Ecopetrol’s shares and a weak performance from Sura’s shares. Marcela Ram?rez, an analyst at Acciones y Valores, said that Ecopetrol tracked the decline in oil prices abroad. Losses were limited by an upward revision to the International Monetary Fund’s growth…

Colcap, the main index of the Colombian Stock Exchange, rose 0.29% near the end of Monday’s trade, moving at 1,555.54 points, boosted by a rally in Ecopetrol’s shares, amid higher oil prices, said Marcela Ram?rez, an analyst at Acciones & Valores. The shares of Ecopetrol (+5.07%), ETB (+1.97%), and Davivienda (+0.98%) rose, while Preferencial Bancolombia (-1.35%) and Cemargos (-1.03%) fell. The…

Colcap, the main index of the Colombian Stock Exchange, traded 0.60% lower near the end of the session, at 1,512.24 points, due to Ecopetrol, Sura, and Bancolombia low performance. Marcela Ram?rez, an analyst at Acciones & Valores, said that the recent attacks against Ecopetrol’s infrastructure, in addition to profit-taking by investors, influenced the performance of the state-owned oil company’s…

Colcap, the main index of the Colombian Stock Exchange, traded down 0.12% near the end of the Thursday’s trade at 1,470.94 points as Bancolombia’s shares dropped after Standard & Poor’s downgraded the company’s credit rating. Marcela Ram?rez, an analyst at Acciones & Valores, noted that S&P’s decision is influencing the performance of the bank’s shares, which have shown volatility during the last…

Colcap, the main index of the Colombian Stock Exchange, is rising 0.09% shortly before closing Tuesday to 1,447.55 points, despite negative corporate quarterly results. Corficolombiana published the main earnings report of the Colombia stock exchange and said that its net income decreased by 25.5% in the third quarter from a year before. The results were weak, according to Alianza Valores…

COLOMBIA: Colcap Falls 0.57% As Bancolombia And Ecopetrol Lose Strength

Colcap, the main index of the Colombian Stock Exchange, fell 0.57% on Tuesday to 1,426.12 points, due to poor performances from Ecopetrol and Bancolombia shares. Marcela Ram?rez, an analyst at Acciones & Valores, said that the state-owned oil company lost ground after an International Energy Agency report revealed a decrease in the outlook for growth in oil demand. Bancolombia continues to fall…

COLOMBIA: Colcap Falls As Ecopetrol And Financials Shares Lose Strength

Colcap, the main index of the Colombian Stock Exchange, was 0.49% lower Friday at 1,433.37 points, due to the low performance of shares of Ecopetrol and the financial institutions. Marcela Ram?rez, an analyst at Acciones & Valores, said that the state-owned oil company was under the influence of lower oil prices abroad and weaker-than-expected quarterly results. Avianca leads the market (+2.48%)…