Fedesarrollo and BVC's Financial Opinion Survey showed Ecopetrol's ordinary share and Cibest's shares as the most sought-after by analysts in April, with 41.7% selections. Analysts expect the intervention rate to range from 11.7% to 12% through July. They also foresee appreciation in the MSCI Colcap index over the next three months.
The Financial Opinion Survey (EOF) by Fedesarrollo and Colombia's Stock Exchange (BVC) pinpointed the most attractive stocks for investors in April. Ecopetrol's ordinary share and Cibest's ordinary and preferred shares topped the list, chosen by 41.7% of surveyed analysts.
Grupo de Energía de Bogotá (GEB) and Celsia's ordinary shares followed, each with 33.3% preference. The report notes rising interest in energy, financial, and holding sector stocks compared to last month, offset by declining appetite for petroleum, construction, and consumer sectors.
For the MSCI Colcap index, 62.5% of analysts expect appreciation within three months, 20.8% stability, and 16.7% depreciation. Sociopolitical conditions ranked as the top investment factor for 46.2% of respondents, followed by monetary policy (29.9%) and fiscal policy (15.4%).
Portfolio managers increased preferences for assets like IPC-indexed private debt, UVR TES, and local stocks, while interest waned in commodities and IBR-indexed debt.
