COLCAP Drops 1.75% as Selloff Erases Recovery; Peso Pauses
COLCAP Drops 1.75% as Selloff Erases Recovery; Peso Pauses
The Big Three 1 COLCAP plunged 1.75% to 2,375.82 on Wednesday — its sharpest single-session drop since the post-rate-shock selloff — as financials, industrials, and utilities all sold off hard. The index gave back the entirety of Tuesday’s recovery and then some, falling 42 points in a session that saw broad-based selling despite a resilient […]
The Big Three 1 COLCAP plunged 1.75% to 2,375.82 on Wednesday — its sharpest single-session drop since the post-rate-shock selloff — as financials, industrials, and utilities all sold off hard. The index gave back the entirety of Tuesday’s recovery and then some, falling 42 points in a session that saw broad-based selling despite a resilient […]