Markets on the rise due to lower risk sentiment

stocks and shares

The MSCI index closed the day in positive territory, rising 0.07% to 1,324.12 points. Shares traded totaled COP $79,250.11 million, with the most active shares held by Ecopetrol at COP $31,149.36 million, Bancolombia Preferred Stock at COP $17,218.97 million, and Cemargos at COP $7,970.58 million.

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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%).