Colombian equities ended Tuesday's session lower, with the COLCAP index closing down 1.01% amid sector-wide weakness centered in Financials, Investment and Public Services. Despite the overall slide, a number of stocks advanced, including some that registered multi-period highs.
At the close, Bolsa De Valores De Colombia (BVC:BVC) led the gainers on the COLCAP, advancing 4.70% - a rise of 700.00 points - to finish at 15,600.00. Mineros SA (BVC:MAS) also posted a strong performance, adding 4.53% or 860.00 points to reach 19,860.00 at the close, while Ecopetrol SA (BVC:ECO) climbed 3.08% - a gain of 70.00 points - to end the session at 2,345.00.
On the downside, Grupo Nutresa SA (BVC:NCH) was the weakest large-cap, declining 2.00% or 6,180.00 points to close at 302,820.00. Banco Davivienda Pf (BVC:DVI_p) dropped 0.88% - down 240.00 points - to end at 27,040.00, and Celsia SA (BVC:CEL) slipped 0.39% or 20.00 points to finish at 5,070.00.
By the numbers, rising issues outnumbered decliners on the Colombia Stock Exchange by a ratio of 1 to 0 in terms of count, indicating that more stocks recorded gains than losses even as the index moved lower.
Several stocks recorded noteworthy price milestones during Tuesday's trading. Bolsa De Valores De Colombia (BVC:BVC) reached a five-year high at 15,600.00 after the 4.70% gain. Mineros SA (BVC:MAS) rose to an all-time high of 19,860.00 following its 4.53% increase. Ecopetrol SA (BVC:ECO) climbed to a 52-week high at 2,345.00 on a 3.08% advance.
Commodities markets showed mixed strength during the session. US coffee C for March delivery increased 3.72% or 13.25 to trade at $369.50. US cocoa for March delivery rose 1.66% or 72.00 to $4,420.00. The April Gold Futures contract gained 1.73% or 88.44 to trade at $5,210.74 per troy ounce.
Currency markets affecting Colombian assets were active. The USD/COP exchange rate moved lower by 1.90% to 3,622.00, while the Brazilian real to Colombian peso pair (BRL/COP) inched up 0.02% to 699.03. The US Dollar Index Futures was down 1.26% at 95.64 at the time referenced.
The session combined localized equity advances with broader index pressure, and produced notable price records for select issuers in mining and energy. Market participants will likely track commodity and FX movements closely given their potential impact on listed firms' revenues and currency-exposed balance sheets.