Colombian equities ended Monday's trading session lower, driven by weakness in Financials, Investment and Public Services stocks that pushed the benchmark COLCAP down 1.58% at the close.
Among the top performers on the COLCAP, Cementos Argos Pf (BVC:PFCEMARGOS) advanced 1.53% - a rise of 180.00 points - to finish at 11,980.00. Grupo Bolivar SA (BVC:GRUBOLIVAR) added 0.61% or 440.00 points to close at 72,900.00, while Corporacion Financiera Colombiana (BVC:PFCORFICOL) rose 0.50% or 80.00 points to end the session at 16,140.00.
On the downside, Mineros SA (BVC:MINEROS) led losses after sliding 5.94% - a decline of 920.00 points - to close at 14,560.00. Grupo Argos SA (BVC:GRUPOARGOS) fell 4.39% or 740.00 points to settle at 16,100.00, and Banco De Bogota SA (BVC:BOGOTA) was down 2.83% or 1,100.00 points to finish at 37,720.00.
According to the session's summary, falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 0 to 0.
In commodities trading, US coffee C for July delivery was down 0.41% or 1.00 to $245.50. US cocoa for July delivery climbed 1.57% or 59.00 to $3,821.00, and the August Gold Futures contract decreased 0.26% or 11.50 to trade at $4,353.80 a troy ounce.
Currency pairs saw little movement: USD/COP was down 0.00% at 3,594.75, while BRL/COP was unchanged 0.00% at 692.91.
The US Dollar Index Futures was down 0.10% at 99.95.EWY+6.00%DX-0.1%COLCAP-1.58%BVC-1.01%BOGOTA-2.83%GRUPOARGOS-4.39%PFCEMARGOS+1.53%PFCORFICOL+0.5%MINEROS-5.94%GRUBOLIVAR+0.61%
Market takeaway
Monday's session reflected concentrated sector pressure on the Colombian benchmark with select names outperforming despite the broader weakness. Commodity prices and currency pairs showed mixed directional moves, while the US Dollar Index Futures ticked down modestly.