Colombian equities closed lower on Wednesday, with the COLCAP index falling 0.56% by the end of trade. Sector-level weakness in Financials, Investment and Public Services underpinned the broader decline.
Among individual movers, Grupo de Inversiones Suramericana SA Preferred (BVC:SIS_p) was the session's top gainer on the COLCAP, rising 2.87% or 1,460.00 points to finish at 52,260.00. Grupo Nutresa SA (BVC:NCH) also posted gains, adding 2.07% or 6,220.00 points to close at 306,600.00. The ordinary shares of Grupo de Inversiones Suramericana SA (BVC:SIS) rose 0.82% or 500.00 points to end the day at 61,500.00.
On the downside, Grupo Cibest SA (BVC:CIBEST) recorded the largest percentage drop among listed names, sliding 7.69% or 7,500.00 points to a closing price of 90,000.00. Bancolombia Pf (BVC:BIC_p1) declined 7.52% or 5,640.00 points to finish at 69,360.00, and Interconnection Electric SA ESP (BVC:ISA) fell 3.39% or 1,000.00 points to close at 28,500.00.
Market breadth on the Colombia Stock Exchange was positive by count, with rising issues outnumbering decliners by a ratio of 1 to 0.
Commodities showed mixed performance during the session. US coffee C for May delivery fell 0.39% or 1.10 to settle at $284.40. US cocoa for May delivery was down 0.68% or 21.00, trading at $3,057.00. Meanwhile, the April Gold Futures contract increased 0.19% or 9.59 to trade at $5,185.89 a troy ounce.
Currency moves included a decline in USD/COP of 0.24% to 3,702.03, while BRL/COP rose 0.27% to 721.50. The US Dollar Index Futures was lower by 0.14% at 97.64.
These intraday moves highlight the uneven performance across Colombia's market on the day, with select large-cap consumer and investment vehicles rising even as several financial and public service-related stocks underperformed.