Colombia Stocks: Conconcreto, Bolsa de Valores, Canacol Energy

The following companies are having unusual price changes in Bogota trading. Stock symbols are in parentheses and prices are as of 11:44 a.m. New York time.

The IGBC Index fell 0.2 percent to 13,908.29, while the Colcap Index dropped 0.4 percent to 1,647.72.

Colombian construction company Conconcreto SA (CONCONC CB) rose 2.8 percent to 1,470 pesos, after inaugurating its Alcaravan commercial plaza in Bogota yesterday, said Camilo Rubiano, an analyst at brokerage Afin SA.

Bolsa de Valores de Colombia (BVC) SA, the operator of the country’s main securities exchange, rose 0.3 percent to 39.8 pesos. Colombia’s securities regulatory agency, Superintendencia Financiera, yesterday approved the issue of 100 million shares by Grupo Odinsa SA (ODINSA CB), the Bogota-based engineering and construction company.

Canacol Energy Ltd. (CNE) , the Calgary-based oil company that operates fields in South America, fell 1.3 percent to 2,330 pesos on delayed results of the company’s drilling at its Apoteri K-2 exploration well in Guyana, said Santiago Melo, an analyst at Alianza Valores SA.

To contact the reporter on this story: Blake Schmidt in Bogota at bschmidt16@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

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