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Colombian Stocks: Bancolombia, Coltejer, Sociedad de Inversiones

March 7 (Bloomberg) -- 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 0.6 percent to 15,283.51, while the Colcap Index declined 0.5 percent to 1,778.92.

Bancolombia SA (BCOLO CB), the nation’s biggest lender, gained 0.6 percent to 27,680 pesos, the highest level since Jan. 27. Grupo Bancolombia, which owns Bancolombia, said consolidated net income rose 14 percent from a year earlier to 1.4 trillion pesos ($738.6 million) in 2010.

Coltejer SA (COLTEJ CB) gained 1.2 percent to 86 centavos. The Medellin-based clothing maker and exporter rose on the Colombia-Venezuela trade agreements announced last week and the prospect of a commercial accord with the U.S.

Sociedad de Inversiones en Energia S.A. (SIE CB), which controls Colombian fuel distributor Organizacion Terpel SA, rose 1 percent to 13,980 pesos. Colombia’s auto sales increased 51.3 percent in February from a year ago, according to a report from Econometria in Bogota.

To contact the reporter on this story: Camila Russo in New York at crusso15@bloomberg.net

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

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