Colombian stock markets finished the trading day higher on Friday, with the COLCAP index advancing 1.53% to reach a new three-month high. Gains were led by companies in the Industrials, Services and Agriculture sectors, which together pushed equity performance higher into the close.
Among individual issues on the COLCAP, Grupo Cibest SA (BVC:CIBEST) was the top performer, climbing 5.03% - a move equivalent to 3,920.00 points - to settle at 81,920.00 at the close. Cementos Argos Pf (BVC:PFCEMARGOS) added 4.99%, or 560.00 points, ending the session at 11,780.00. Mineros SA (BVC:MINEROS) also posted a strong gain, rising 4.63% or 640.00 points to close at 14,460.00.
Not all names participated in the rally. Etb (BVC:ETB) declined 5.41%, down 3.00 points to finish at 52.50. Celsia SA (BVC:CELSIA) fell 2.71%, a loss of 140.00 points to end at 5,030.00. Grupo Argos SA Pref (BVC:PFGRUPOARG) slipped 0.66%, or 80.00 points, closing at 12,020.00.
The market breadth data reported that falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 0 to 0.
Commodities trading showed mixed strength during the session. US coffee C for July delivery rose 1.42% or 3.60 to trade at $257.55. US cocoa for September delivery gained 2.32% or 88.00 to reach $3,886.00. The August Gold Futures contract advanced 3.06% or 125.75, trading at $4,239.75 a troy ounce at the close.
Currency pairs moved modestly during the day. The USD/COP exchange rate was down 0.28% at 3,490.34, while BRL/COP rose 0.44% to 689.63. The US Dollar Index Futures was down 0.05% at 99.80.
Market participants on Friday saw a compact session in which sector leadership from Industrials, Services and Agriculture lifted the benchmark, while select utility and telecom names lagged. The session also included notable commodity price moves and small shifts in currency rates that accompanied local equity performance into the close.