Daily Colombian Equities Bulletin and Fundamentals December 4, 2013
Ideas get bigger when you share them...
December 5, 2013 (www.investorideas.com newswire) US markets closed lower today as investors expect the FED to begin tapering soon, after the ADP Research Institute showed private employment expanded by 215k in November, the highest number so far this year and above market consensus (170k). The official payrolls number will be released on Friday. The S&P 500 retreated 0.13%, the fourth decline in a row. However, we saw mixed economic data numbers today. New home sales for September were below market expectations (354k Vs 425k est), as well as the ISM Non Manufacturing for November (53.9 vs 55 est).
Latam markets closed lower today driven by tapering fears. The MSCI Latam declined 1.06%, led by COLCAP which tumbled 2.44% to 1,587 points, the lowest level since July 11th. The Bovespa index fell 0.26% and the Chilean IPSA dropped 0.10%, the third straight drop.
Published at the Investorideas.com Newswire - Big ideas for Global Investors
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.