Colombian equities finished the Wednesday session higher, with the COLCAP closing up 1.61% as strength in Industrials, Services and Agriculture propelled the market.
The COLCAP registered a 1.61% gain by the end of trading.
Top performers
- Celsia SA (BVC:CEL) - +22.33% (960.00 points) to close at 5,260.00. The stock moved to a five-year high during the session.
- Mineros SA (BVC:MAS) - +12.71% (1,500.00 points) to finish at 13,300.00.
- Banco De Bogota SA (BVC:BBO) - +9.42% (3,220.00 points) to end at 37,420.00.
Lagging stocks
- Interconnection Electric SA ESP (BVC:ISA) - -5.72% (1,660.00 points) to 27,340.00 at the close.
- Ecopetrol SA (BVC:ECO) - -4.79% (135.00 points) to 2,685.00.
- Grupo Nutresa SA (BVC:NCH) - -4.43% (13,480.00 points) to 290,520.00.
By the close, rising stocks outnumbered declining ones on the Colombia Stock Exchange by 1 to 0.
Market attention centered on Celsia SA, which rose to a five-year high, gaining 22.33% or 960.00 points to reach 5,260.00.
Commodities
- US coffee C for May delivery was down 0.64% or 2.05 to $315.80.
- US cocoa for delivery in May fell 3.09% or 100.00 to $3,135.00.
- The June Gold Futures contract rose 2.29% or 101.40 to trade at $4,535.50 a troy ounce.
Currencies and indexes
- USD/COP declined 0.02% to 3,701.55.
- BRL/COP fell 0.02% to 708.44.
- The US Dollar Index Futures was up 0.25% at 99.50.
This session's moves were concentrated in select sectors and names, with the Industrials, Services and Agriculture sectors cited as the primary drivers of the market advance.
Summary
Colombian shares closed higher, with the COLCAP up 1.61%. Major contributors to the upside were Celsia SA, Mineros SA and Banco De Bogota SA. Not all segments participated equally: Interconnection Electric SA ESP, Ecopetrol SA and Grupo Nutresa SA finished lower. In commodities trading, coffee and cocoa futures moved lower while gold futures rose. Currency pairs USD/COP and BRL/COP were slightly weaker against the dollar, while US Dollar Index Futures ticked up.