Shareholders' Report May 31, 2018

stocks and shares

Stock market selling is once again a trend today as global volatility levels rose 3,68% to 15,49 points after the US president announced a tightening of tariff policies on products from Canada, Mexico, and the European Union. In line with this, European stock indices closed the day lower amid a strengthening euro and the weak performance of financial sector stocks, led by Deutsche Bank, which fell 7,15% after its US subsidiary was included on the list of banks facing financial weaknesses, jeopardizing its short-term performance.See more

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March Inflation Expectations

According to the report presented by the National Administrative Department of Statistics (DANE), the year-on-year variation of the Consumer Price Index (CPI) rose to 5.35% in January, from 5.10% in December. This figure is lower than the market estimate (5.40%) and the estimate by Economic Research of Stocks and Securities (5.45%). The monthly inflation figure was 1.18%. This monthly variation was higher than that of December (0,27%).