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What Could Raise the Colcap of BVC for the Next 12 Months and the Strategy to Take Advantage of It
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The Colombian Stock Exchange (BVC) is part of the most valued market group this year, but MSCI Colcap, a local benchmark, would have an attractive value space for investors. SEE MORE: Foreigners come out of Colombian stock, but the BVC still has room to rise“We are estimating a fair level for the Colcap index of 1,780 points,” says Germán Cristancho, Director of Economic Research at Davivienda Corredores, i.e., an increase of around 8% compared …
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