Colombian Stocks: Ecopetrol, Grupo Aval Acciones y Valores
The following companies had unusual price changes in Bogota trading. Stock symbols are in parentheses, and prices are as of the close of trading.
Ecopetrol SA (ECOPETL) , Colombia’s largest oil company, advanced 2.6 percent to 5,850 pesos. First-quarter profit climbed to 4.27 trillion pesos ($2.43 billion) from 3.11 trillion pesos a year earlier, the company said late April 30.
Ecopetrol aims to increase production to about 850,000 barrels a day at yearend and has overcome first-quarter pipeline slowdowns, Vice President Hector Manosalva said on a conference call today with analysts.
Grupo Aval Acciones y Valores SA (PFAVAL CB), Colombia’s biggest banking group by assets, advanced 4 percent to 1,315 pesos. First-quarter profit rose 51 percent to 394.4 billion pesos, the company reported on the financial regulator’s website April 30.
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