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Colombian Stocks: Ecopetrol and Canacol Energy Were Active

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May 7 (Bloomberg) -- The following companies had unusual price changes in Bogota trading. Stock symbols are in parentheses, and prices are as of the close of trading.

The IGBC Index rose 0.2 percent to 15,240.93, while the Colcap Index increased 0.2 percent to 1,802.34.

Ecopetrol SA (ECOPETL CB), Colombia’s largest oil company, rose 0.9 percent to 5,650 pesos. The government will seek the involvement of Chinese companies in a pipeline to transport oil from the Caribbean to the Pacific coast, Mines and Energy Minister Mauricio Cardenas said in an e-mailed statement.

Canacol Energy Ltd. (CNEC CB), the Calgary-based oil company that operates fields in Colombia, dropped 2.3 percent to 1,300 pesos. Crude for June delivery dropped to a three-month low in New York.

To contact the reporter on this story: Christine Jenkins in New York at cjenkins28@bloomberg.net

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

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