Colombian Stock Movers: Avianca Taca Holding, Almacenes Exito

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 0.7 percent to 12,878.30 while the Colcap Index declined 0.4 percent to 1,586.55.

Almacenes Exito SA (EXITO) , Colombia’s biggest publicly traded retailer, rose 0.4 percent to 22,900 pesos. The company said yesterday it sold 2.5 trillion pesos ($1.3 billion) worth of shares. Exito had orders for 196.05 million shares and sold 114.27 million, the company said in a regulatory filing yesterday.

Avianca Taca Holding SA (PFAVTA CB), the owner of Colombia’s largest airline, rose 1.6 percent to 4,575 pesos.

The company will pay about $500 million for four Airbus SAS cargo planes as the owner of Colombia’s largest airline by sales positions itself for a U.S. approval of a free trade accord with the South American nation, Chief Executive Officer Fabio Villegas told reporters yesterday.

To contact the reporter on this story: Blake Schmidt in Bogota at

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

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