The following companies had unusual price changes in Bogota trading. Stock symbols are in parentheses and prices are as of 4 p.m. New York time.
The IGBC Index fell 0.4 percent to 15,149.39, while the Colcap Index declined 0.6 percent to 1,790.41.
Biomax Biocombustibles SA (BIOMAX CB), the Bogota-based fuel distributor, dropped 2.4 percent to 1,810 pesos. Crude oil fluctuated as the International Energy Agency said North American inventories are ample and “well above” the five-year average.
Canacol Energy Ltd. (CNEC CB) increased 1.5 percent to 2,970 pesos. The Calgary-based oil company that operates fields in South America increased for a second day after saying it’s on track to reach its 2011 production goal of 10,000 to 11,000 barrels of oil a day.
Textiles Fabricato Tejicondor SA (FABRI CB), Colombia’s biggest textile maker and exporter, decreased 1.7 percent to 28.20 pesos. Colombia’s peso rose 1.2 percent to 1,857 per U.S. dollar. A stronger local currency can cut into profits for companies that sell abroad.
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