Colombia Stocks Leading the World in 2019 After a Decade of Pain

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The recovery has been led by Corporacion Financiera Colombiana S.A., which invests in construction and energy, and has returned 71 percent in dollar terms, and a 42 percent return in Grupo Aval Acciones y Valores, the nation’s biggest banking group, which rallied amid record profits. Both companies are owned by Luis Carlos Sarmiento Angulo, Colombia’s wealthiest man, whose fortune has risen by more than $2 billion so far this year.

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