Market close overview
Colombian equities ended the trading day lower on Tuesday as sector declines in Financials, Investment and Public Services pulled the market down. At the close, the benchmark COLCAP slipped 0.65%.
Top gainers
- Mineros SA (BVC:MINEROS) led advances, rising 6.31% or 920.00 points to finish at 15,500.00.
- Interconnection Electric SA ESP (BVC:ISA) added 5.78% or 1,720.00 points, closing at 31,500.00.
- Celsia SA (BVC:CELSIA) gained 5.05% or 250.00 points to end the session at 5,200.00.
Largest decliners
- Grupo Cibest SA (BVC:CIBEST) was the weakest name on the board, down 2.83% or 2,400.00 points to 82,500.00 at the close.
- Cementos Argos Pf (BVC:PFCEMARGOS) fell 1.70% or 200.00 points to 11,580.00.
- Bancolombia Pf (BVC:BIC_p1) declined 1.67% or 1,180.00 points to finish at 69,500.00.
According to exchange data, falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 0 to 0.
Commodities and futures
In commodity trading, U.S. coffee C for September delivery rose 5.56% or 14.40 to trade at $273.60. U.S. cocoa for September delivery climbed 6.55% or 260.00 to reach $4,232.00. The August Gold Futures contract recorded a small increase of 0.03% or 1.45, trading at $4,353.05 a troy ounce.
Foreign exchange and dollar index
The U.S. dollar strengthened slightly versus the peso, with USD/COP up 0.03% at 3,453.92. BRL/COP also rose 0.03% to 678.86. The U.S. Dollar Index Futures declined 0.06% to 99.32.
What this means
The trading session showed a mixed profile across asset classes: selective strength among mining and utility names contrasted with weakness in parts of the financial complex and other sectors referenced as Financials, Investment and Public Services. Commodity markets registered notable gains in coffee and cocoa, while the dollar index eased slightly.