Stock Markets March 27, 2026

Colombian equities retreat as COLCAP closes 0.93% lower

Financials, investment and public utilities drag the benchmark down amid mixed moves in individual names and commodity markets

By Marcus Reed
Colombian equities retreat as COLCAP closes 0.93% lower

Colombia's benchmark index ended the session lower, with the COLCAP slipping 0.93% as losses in Financials, Investment and Public Services weighed on the market. Several large caps posted notable moves: Celsia SA and Interconnection Electric SA ESP were among the session's gainers, while Bancolombia Pf and Grupo Cibest SA were the largest decliners. Commodities and exchange-rate moves were mixed, with coffee and cocoa falling and gold futures rising.

Key Points

  • COLCAP closed down 0.93% as Financials, Investment and Public Services sectors led declines.
  • Top gainers included Celsia SA (+3.65%), Interconnection Electric SA ESP (+2.65%) and Banco Davivienda Pf (+2.39%); top losers included Bancolombia Pf (-4.14%), Grupo Cibest SA (-2.41%) and Grupo Aval Pref (-2.40%).
  • Commodity and FX moves were mixed: May coffee and cocoa fell while June gold futures rose; USD/COP and BRL/COP both eased.

Colombian equities finished the trading day in the red on Friday, with the COLCAP index closing down 0.93% as declines concentrated in the Financials, Investment and Public Services sectors.

At the close, the COLCAP registered a 0.93% drop.

The session's top performers on the COLCAP included Celsia SA (BVC:CEL), which climbed 3.65% or 190.00 points to finish at 5,400.00. Interconnection Electric SA ESP (BVC:ISA) rose 2.65% or 720.00 points to end the day at 27,940.00, and Banco Davivienda Pf (BVC:DVI_p) gained 2.39% or 580.00 points to reach 24,800.00 in late trade.

Among the heaviest declines, Bancolombia Pf (BVC:BIC_p1) fell 4.14% or 2,800.00 points to close at 64,880.00. Grupo Cibest SA (BVC:CIBEST) dropped 2.41% or 2,020.00 points to finish at 81,700.00, while Grupo Aval Acciones y Valores SA Pref (BVC:GAA_p) was down 2.40% or 19.00 points to 772.00.

Falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 1 to 0.

Celsia SA's shares advanced to levels described in the session as five-year highs, with the stock gaining 3.65% or 190.00 points to close at 5,400.00.

Commodities displayed mixed performance. US coffee C for May delivery retreated 2.15% or 6.60 to $301.05. US cocoa for May delivery slipped 0.09% or 3.00 to $3,161.00. Meanwhile, the June Gold Futures contract moved higher, rising 2.55% or 112.30 to trade at $4,521.30 a troy ounce.

In currency markets, USD/COP eased 0.26% to 3,680.29, while BRL/COP declined 0.21% to 702.39. The US Dollar Index Futures was up 0.32% at 100.03.


Market participants weighed moves across key sectors as the benchmark closed lower. The session combined headline declines in financial and investment-related names with gains in some utilities and dividend-prefixed shares.

Details on individual stock moves and commodity and FX measures reflect the session's mixed tone, with declines in some large financial-prefixed names offset by advances in certain energy and utility companies.

Risks

  • Sector concentration of losses in Financials and Investment names may pressure bank-prefixed and investment-related equities.
  • Volatility in commodities and exchange rates - such as declines in coffee and cocoa and shifts in USD/COP - can affect earnings and valuation for exporters and commodity-linked firms.
  • A heavier number of decliners than advancers on the local exchange indicates potential broad market weakness that could extend to other sectors.

More from Stock Markets

BlackRock Raises Larry Fink’s 2025 Pay to $37.7 Million Amid Strong Year for Firm Mar 27, 2026 SEC Investment Management Division Saw 24% Staff Decline in Fiscal 2025, GAO Finds Mar 27, 2026 Mexican equities close lower as S&P/BMV IPC slips 0.56% Mar 27, 2026 Moscow Stocks Slip as Mining, Power and Oil & Gas Weigh on Market Mar 27, 2026 Court Allows Lawsuits Saying Colgate Mouth Rinse Packaging Misleads Parents on Child Safety Mar 27, 2026