The Representative Market Rate (TRM) with which Colombia is going to wake up tomorrow is again above 4,000 pesos (4,045). This is because the price of a barrel of Brent oil, to be delivered in June, fell sharply, 25.45%, yesterday.
The reference crude for Colombia closed at $ 19.07, which according to analysts consulted by EFE also occurred due to the decrease in the value of the WTI barrel that occurred yesterday due to the expiration of contracts in May and the impossibility of finding storage spaces for these barrels.
Also read: Causes of oil as cheap as beer
It must be remembered that the last time the country had a TRM of these values, it was presented on April 6, when the data reached 4,008 pesos.
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The strengthening of the dollar against the peso was also reflected in the fact that the Colombian Stock Exchange completed a new day in negative. The Colcap index fell 4.10%, while the Coleqty decreased 4.02%.
Likewise, the two actions that had a positive variation were: Nutresa, with a growth of 0.80%, while that of the Aval Group increased 0.46%.
Finally, the titles that fell the most were Cementos Argos, which decreased 8.28%; Grupo Sura fell 7.30% and Terpel finished with a decrease of 7.28%.
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