Wednesday, June 14, 2006

Colombian Stocks Lead Region’s Slide




It was another grim day of trading on the Colombian stock exchange Tuesday with several stocks suspended during the course of the day and some losing more than 17% of their value. Although the IGBC had fallen overall only 8.73% by close of play, trading was on the verge of being suspended throughout the day, as it neared the 10% fall which halted dealing on Monday. Across the region stocks continued to slide: Brazil’s Bovespa fell 2.1%, while Mexico’s BMV dropped 2%.


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