Daily Colombian Equities Bulletin and Fundamentals 7-7-14
July 7, 2014 (www.investorideas.com newswire) The Colcap index closed at 1,704 points (-0.1%). Total turnover reached USD 13.5 mn. The best performers were Fabricato (+4.8%), Corficolombiana (+1.9%) and Cemex Latam (+1.8%). On the other hand, the worst performers were Mineros (-1.9%), Exito (-1.2%) and Ecopetrol (-0.9%).
Fibratela S.A., Fabricato's textile plant based in Ibague since 2005, will be permanently closed as a result of the restructuring process that the company is carrying out since 2013. Source: El Espectador
Industria de Gas:
The Energy and Gas Commission choose the Colombia Mercantil Stock Exchange as the Natual Gas Market Administrator in the country. Source: Dataifx
Inflation and PPI:
June CPI MoM was 0.09%, below the market's figure (0.29%) and our own estimates (0.36%). PPI MoM for this month was -0.33% (2.49% YoY). Source: Dane
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