BanColombia SA

40.83

+0.16000.39%

Post-market: 40.830.00000.00%16:33 EDT

Volume:357.06K

Turnover:14.52M

Market Cap:9.82B

PE:6.91

High:40.94

Open:40.61

Low:40.30

Close:40.67

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However, Trump has recently adopted a softer tone and signaled that import duties may be significantly reduced if a deal is reached.The Federal Reserve Chair Jerome Powell said that the Federal Reserve needs more clarity before making further interest rate cuts indicating delay. President Trump on the contrary wants immediate monetary policy easing by the Fed to save the economy from slipping into a recession. 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The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 16.4% loss over the past four weeks.The increased investor optimism in the stock can be attributed to President Donald Trump’s recent announcement to put a 90-day pause on the reciprocal tariff for most countries.This financial services provider is expected to post quarterly earnings of $0.46 per share in its upcoming report, which represents a year-over-year change of -11.5%. Revenues are expected to be $5.66 billion, down 6.7% from the year-ago quarter.While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.ING belongs to the Zacks Banks - Foreign industry. 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