Daily Colombian Equities Bulletin and Fundamentals 10-21-13
Ideas get bigger when you share them...
October 22, 2013 (www.investorideas.com newswire) U.S. markets initiated the week with a mix performance ahead of the job report. The S&P 500 closed nearly unchanged (+0.01%), while the Dow Jones decreased 0.05%. For tomorrow ´session investors will be looking for the non - farm payrolls report of September where investors expects 185,000 new jobs. In addition, consensus for the unemployement rate is placed at 7.3%.
LatAm equity markets had a mixed day in line with the U.S markets. In the local front, the Colcap index lost 0.07% at 1,779.7. For the upcoming sessions, we expect a favorable performance and the COLCAP should advance up to 1,800 points.
On the corporate side, we highlight that corporate earnings for 3Q - 13 will begin. On Wednesday, Cemex Latam Holdings (CLH), Exito and Cementos Argos will post their results, among the top names in the COLCAP.
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