Colombian Stocks: Biomax, Canacol Energy, Textiles Fabricato

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.

To contact the reporter on this story: Camila Russo in New York at

To contact the editor responsible for this story: David Papadopoulos at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.