Colombian Stock Movers: Conconcreto, Grupo Aval, Grupo Nutresa
The following companies had unusual price changes in Bogota trading. Stock symbols are in parentheses and prices are as of 5 p.m. New York time.
The IGBC Index climbed 1.1 percent to 13,413.84, while the Colcap Index added 0.7 percent to 1,611.13.
Conconcreto SA (CONCONC CB), a Colombian construction company, rose 1.3 percent to 1,520 pesos. Gray cement sales in Colombia rose 17.4 percent in June from a year ago, the national statistics agency said in a report yesterday.
Grupo Aval Acciones y Valores (AVAL) SA, Colombia’s biggest financial holding company, gained 1.7 percent to 1,220 pesos. The central bank said in minutes today of its July 29 monetary policy meeting that the country’s growth is expected to accelerate in the second half of the year. Colombia will likely grow between 4.5 percent and 6.5 percent this year and next, according to the minutes.
Grupo Nutresa SA (NUTRESA CB), Colombia’s biggest food producer, rose 0.8 percent to 21,900 pesos.
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