Colombian equities finished the trading day in negative territory on Wednesday as declines in the Financials, Investment and Public Services sectors pushed the benchmark lower. The COLCAP index closed the session down 1.48%.
Not all constituents moved in the same direction. The session's top performers included Grupo Aval Acciones y Valores SA Pref (BVC:GAA_p), which climbed 3.71% to finish at 838.00, and Organizacion Terpel SA (BVC:TPL), which rose 3.12% to end at 18,520.00. Grupo de Inversiones Suramericana SA Preferred (BVC:SIS_p) also posted gains, up 2.73% to close at 45,220.00.
On the downside, Ecopetrol SA (BVC:ECO) led losses, sliding 5.15% to 2,395.00 at the close. Grupo Argos SA (BVC:ARG) fell 1.91% to 16,400.00, and Promigas (BVC:PMG) declined 1.50% to 6,550.00.
Sector breadth was tilted toward declines: falling stocks outnumbered advancers on the Colombia Stock Exchange by a ratio of 1 to 0.
Commodities and currencies
Commodity contracts showed a mixed picture. US coffee C for May delivery rose 0.33% to $303.65. By contrast, US cocoa for July delivery lost 1.92%, settling at $3,576.00, and the June Gold Futures contract dropped 0.75% to trade at $4,813.70 a troy ounce.
Currency pairs recorded minimal change. USD/COP was at 3,618.58 with no material change reported, while BRL/COP stood at 724.75, also unchanged in the figures provided. The US Dollar Index Futures was marginally lower, down 0.03% to 97.88.
The session highlighted divergent performance across Colombian names, with notable weakness in energy and select industrials while some financial and investment-related stocks posted advances. Overall market participation favored declines, leaving the COLCAP lower at the close.