Colombian shares ended Monday's trading session with gains, as strength in the Industrials, Services and Agriculture sectors propelled the market higher. By the close, the COLCAP index had advanced 1.56% and recorded a fresh all-time high.
The session's top performer was Bancolombia Pf (BVC:BIC_p1), which climbed 6.06%, equivalent to a rise of 4,300.00 points, finishing at 75,300.00. Interconexión Eléctrica SA ESP (BVC:ISA) added 3.49%, or 1,100.00 points, to close at 32,600.00. Energy and integrated oil company Ecopetrol SA (BVC:ECO) rose 3.41%, an increase of 75.00 points, ending the session at 2,275.00.
On the other side of the ledger, Grupo Cibest SA (BVC:CIBEST) was the weakest name among those reported, slipping 2.69% or 2,360.00 points to close at 85,500.00. Grupo Bolívar SA (BVC:SCA) declined 0.35%, down 320.00 points to 90,200.00, while Corporación Financiera Colombiana (BVC:CFV_p) eased 0.22%, a drop of 40.00 points, to finish at 18,460.00.
Rising issues outnumbered decliners on the Colombia Stock Exchange by a ratio of 1 to 0 as the session ended. Two companies reached all-time highs in the session: Bancolombia Pf (BVC:BIC_p1) closed at its record level of 75,300.00 after gaining 6.06%, and Interconexión Eléctrica SA ESP (BVC:ISA) closed at its record 32,600.00 after a 3.49% advance.
Commodity markets showed upward movement in several contracts. US coffee C for March delivery rose 1.78% or 6.25, to trade at 357.15. US cocoa for March delivery increased 2.93% or 123.00 to 4,324.00. The April Gold Futures contract gained 0.70%, an increase of 35.14, to trade at 5,052.14 a troy ounce.
Foreign-exchange rates moved noticeably during the session. The USD/COP exchange rate rose 1.39% to 3,689.75, while BRL/COP increased 1.54% to 698.49. The US Dollar Index Futures was lower by 0.55% at 96.87 at the time reported.
Market snapshot:
- COLCAP: +1.56% - new all-time high at close
- Top gainers: BVC:BIC_p1 (+6.06%), BVC:ISA (+3.49%), BVC:ECO (+3.41%)
- Top decliners: BVC:CIBEST (-2.69%), BVC:SCA (-0.35%), BVC:CFV_p (-0.22%)
- Commodities: Coffee and cocoa futures higher; April gold futures up
- FX: USD/COP and BRL/COP strengthened; US Dollar Index Futures down
This session's data reflects a market led by select large-cap financial and infrastructure names, supported by commodity-price appreciation and moves in local currency pairs against the US dollar and the Brazilian real.