The following companies had unusual price changes in Bogota trading. Stock symbols are in parentheses, and prices are as of 3 p.m. local time.
The IGBC Index (IGBC) fell 0.3 percent to 14,900.33 while the Colcap Index (COLCAP) rose 0.1 percent to 1,744.02.
Helm Bank SA (PFBHELM) (PFBHELMB CB), a Colombian lender, soared 16 percent to 460 pesos, its biggest gain since the stock started trading in December 2007.
An announcement on the sale of the Bogota-based bank will be made this week, El Tiempo newspaper reported today, citing people it didn’t identify. Helm President Carmina Ferro didn’t return a phone call from Bloomberg News seeking comment. In a February interview, Ferro said controlling stakeholders have no intention of selling.
Canacol Energy Ltd. (CNE) , the Calgary-based oil company that operates fields in Colombia, climbed 6 percent to 1,415 pesos.
Exxon Mobile Corp. agreed to spend as much as $50 million to explore for shale oil in Colombia with Canacol, according to an April 4 statement. The accord would give Exxon half of Canacol’s 40 percent stake in a contract allowing it to explore and produce fuel in the VMM 2 block in Colombia, according to the statement.
To contact the reporter on this story: Andrea Jaramillo in Bogota at firstname.lastname@example.org
To contact the editor responsible for this story: David Papadopoulos at email@example.com