The US currency was quoted in Colombia this Tuesday at an average price of $ 3,637.42.
The dollar closed the day of this Tuesday, April 20 with a price of $ 3,642 and an increase of 0.36%. Tomorrow’s representative market interest rate (TRM) will be $ 3,636.26, according to the Superfinancial.
The index Colcap of the Colombian Stock Exchange (BVC) closed with a decrease of 0.09%. The most valued stocks were Enka (+ 4.17%) and Promigas (+ 3.23%), while the most undervalued stocks were Éxito (-2.38%) and Canacol Energy (-1.91%).
For his part, Wall Street fell on Tuesday for the second consecutive session despite a string of good results, weighed down by the idea that the COVID-19 pandemic will last longer than expected.
The Dow Jones star index fell 0.8% to 33,821.30 points, while the expanded S&P 500 index, out of the top 500 companies, lost 0.7% and closed at 4,134.94 units and the Nasdaq, of technology preponderance , 0.9% to 13,786.27 points.
After major indices hit record highs last week, equities are under pressure over doubts as to whether the expected benefits of a post-covid economy are already being considered.
Despite strong corporate quarterly results, investor sentiment remained gloomy for the second day in a row. “Revenues were good, more than good,” said Maris Ogg of Tower Bridge Advisors. But the good results “are not so much a positive surprise,” he added. “The idea is that it will take longer than expected to get off covid-19,” he said.
Oil price
Crude oil prices fell on Tuesday following a sharp rise last week and Monday. A barrel of North Sea Brent for delivery in June ended in London at $ 66.57, down 0.72% from Monday’s close.
In New York, WTI’s US barrel for May lost 1.51% on its last trading day to settle at $ 62.44.
“The market is reacting nervously to the health situation in promising demand markets such as India,” Avatrade analyst Naeem Aslam told AFP, for whom investors “prefer to cash in their benefits.”
Reports of the return to the table of a bill in the United States targeting the policies of the Organization of Petroleum Exporting Countries (OPEC) also created uncertainty in the marketplace.
That bill “would make it explicitly illegal for a foreign state to act in concert with others to limit production, set prices, or restrict trade in oil, natural gas or other petroleum products,” said the House Judiciary chair. Committee Tuesday. the United States, Jerrold Nadler.
“While the effect of this eventual regulation on OPEC members is uncertain, it appears that this information has accelerated the selling pressure,” said Michael Hewson of CMC Markets.