The day of July 22, 2022 on the Colombian Stock Exchange (BVC) was marked by significant falls in different issuers. The MSCI Colcap indicator fell -2.46%. Buy and sell Nubank shares from the Colombian Stock Exchange (BVC).
Nutresa, Grupo Bolívar, BVC, GEB, ISA, Cemargos, PFDavivienda, PAval, Corficolombiana, Ecopetrol, Grupo Argos and 11 more species showed falls today.
turbulent market
Nutresa case: After several takeover bids by the Gilinski group, the shares plummeted after it was found that this issuer would have little liquidity within the BVC.
The stock plummeted -8%, falling to $38,510 pesos, however, Nutresa before the OPAs was quoted at $22,000 pesos.
It is possible that Nutresa shares will continue to fall in the coming weeks, when it is announced that the Gilinski group will not carry out any more OPAs.
Fedesarrollo Business Opinion Survey could motivate the fall of the market: According to the results of the June Business Opinion Survey, the Commercial Confidence Index (ICCO) stood at 33.7%, which represents a decrease of 5.3 percentage points (pps) compared to the previous month.
???? The failure of the Colombian Stock Exchange (BVC)
For its part, the Industrial Confidence Index (ICI) stood at 11.5%, decreasing 3.0 pps compared to May. Despite this, the confidence of merchants and industrialists continues to remain at high levels.
Dollar: the currency closed higher starting with an opening price of $4,428 pesos and closing at $4,465 pesos.
International context: Indicators such as Dow Jones, US500, US Tech 100, Bitcoin (cryptocurrencies), among others, showed falls today.
???? Week’s ‘bad milk’ with the dollar, if it goes up or down it’s Petro’s fault