The US currency closed the day at $ 3,652.46. These were the most valued shares.
The dollar in Colombia opened this Wednesday at $ 3,660 and closed at $ 3,652.46. The Representative Market Rate (TRM) for tomorrow is $ 3,642.29
Also read: Dollar falls $ 40 and closes at $ 3,669 on June 1
The Colcap index of the Colombian Stock Exchange (BVC), for its part, gained 2.03% in its price, closing with 1,247.98 units. The most valued shares were ISA (10.53%), Grupo de Energía de Bogotá (5.79%) and Cementos Argos (3.53%).
The New York Stock Exchange closed marginally higher this Wednesday, waiting for important indicators at the end of the week.
The Dow Jones index gained 0.07% to 34,600.38 points, while the Nasdaq technology gained 0.14% to 13,756.33 units. The expanded S&P 500 index rose the same, 0.14%, to 4,208.12 points.
“The stocks all ended near their starting point for the day, in a choppy session,” Schwab analysts summed up.
“Gains in the information technology and energy sectors, in a context of optimism about the global economic recovery, continued to sustain confidence,” they added.
But the situation report of the Federal Reserve known as the “Beige Book”, which reported on the difficulties of companies in getting employees, moderated the spirits.
The market also expects the official employment figures for May next Friday.
Analysts expect the unemployment rate to fall to 5.9% with 720,000 jobs created, according to the Briefing.com estimate.
Petroleum
The price of a barrel of crude in New York reached a maximum since October 2018 on Wednesday, driven by demand for black gold in the world and OPEC +.
A barrel of WTI for delivery in July closed at US $ 68.83, an increase of 1.64%.
In London, a barrel of Brent from the North Sea for August delivery ended at US $ 71.35, up 1.57%, a maximum since May 2019.
“Oil prices keep their gains,” said Naeem Aslam, an analyst at Avatrade, after an OPEC + summit on Tuesday with no surprises.
Opec + members decided to keep pace with increasing their crude production for July, without giving any indication of the following months or addressing the potential return of Iranian oil to the market.
It may interest you: Oil rose to levels not seen since March after OPEC announcements +
The current strategy consists of a progressive increase between May and July that adds up to almost 1.2 million barrels per day, to which is added one million barrels voluntarily withdrawn by Saudi Arabia at the beginning of the year.
Opep +, an alliance sealed at the end of 2016 between the 13 States of the Organization of the Petroleum Exporting Countries (OPEC), led by Saudi Arabia, and ten allies, including Russia, held a first meeting of the monthly monitoring committee of the current group production reduction agreement (JMMC) and then held a brief ministerial summit. Following this encounter, oil rose on Tuesday.
With the progressive reopening of some economies, “the market sees a rebound in demand for crude oil in the world,” said Andy Lipow of Lipow Oil Associates.
