Colombian equities finished the trading day lower after the close on Wednesday, with pressure centred in the Financials, Investment and Public Services sectors. At the close in Colombia the COLCAP index fell 1.26%.
Among individual listings, Etb (BVC:ETB) was the top performer on the COLCAP, advancing 6.38% - an increase of 4.50 points - to finish at 75.00. Mineros SA (BVC:MINEROS) added 1.63%, or 260.00 points, to close at 16,200.00. Corporacion Financiera Colombiana (BVC:PFCORFICOL) also saw gains, rising 1.45% or 260.00 points to end the session at 18,200.00.
On the downside, Cementos Argos Pf (BVC:PFCEMARGOS) posted the steepest decline, falling 7.04% - a drop of 820.00 points - to trade at 10,820.00 at the close. Ecopetrol SA (BVC:ECOPETROL) fell 3.72%, or 100.00 points, to finish at 2,585.00. Bolsa De Valores De Colombia (BVC:BVC) slipped 1.74%, a 280.00-point decrease, to 15,840.00.
Market breadth was described as follows: "Falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 0 to 0."
Commodity contracts and currency pairs showed mixed behaviour in the wider market. US coffee C for December delivery rose 0.57% or 1.75 to $310.55. US cocoa for September delivery fell 1.28% or 76.00 to $5,848.00. The December Gold Futures contract climbed 3.74% or 155.35 to trade at $4,307.95 a troy ounce.
Currency movements included USD/COP, which was down 0.03% at 3,182.06, while BRL/COP fell 0.03% to 621.61. The US Dollar Index Futures declined 0.19% to 99.55.
Session recap:
- Index movement: COLCAP closed down 1.26%.
- Top gainers: ETB (+6.38%), MINEROS (+1.63%), PFCORFICOL (+1.45%).
- Largest decliners: PFCEMARGOS (-7.04%), ECOPETROL (-3.72%), BVC (-1.74%).
- Commodities: December Gold Futures +3.74%; US coffee C (Dec) +0.57%; US cocoa (Sept) -1.28%.
- FX: USD/COP -0.03% at 3,182.06; BRL/COP -0.03% at 621.61; Dollar Index Futures -0.19% at 99.55.
These moves left the benchmark lower overall, driven by losses in several economically significant sectors. The session featured a mix of sharp single-stock swings - both up and down - while commodity and currency prices recorded modest but notable shifts.