Colombian Stocks: Empresa de Energia, Cementos Argos Were Active
The following companies had unusual price changes in Bogota trading. Stock symbols are in parentheses, and prices are as of 3 p.m. local time.
The IGBC Index (IGBC) was little changed at 15,114.98 while the Colcap Index (COLCAP) was little changed at 1,756.27.
Empresa de Energia de Bogota SA (EEB CB), Colombia’s second-biggest electricity distributor, climbed 2 percent to 1,000 pesos. EEB, as the company is known, said in a regulatory filing yesterday that it bid for power projects worth $736 million offered by Chile’s Energy Ministry.
Cementos Argos SA (CEMARGOS) , the country’s biggest cement maker, rose 2 percent to 11,180 pesos. The Medellin-based company yesterday sold 300 billion pesos ($169 million) worth of bonds linked to interbank rates. Investor demand for the securities was almost four times the amount offered.
To contact the reporter on this story: Andrea Jaramillo in Bogota at ajaramillo1@bloomberg.net
To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.