Stock Markets March 13, 2026

Colombian equities close higher as COLCAP edges up 0.39%

Industrial, services and agricultural sectors drive gains as select blue-chips and commodities show divergent moves

By Marcus Reed
Colombian equities close higher as COLCAP edges up 0.39%

Colombia's main stock index finished the session higher, supported by advances in the Industrials, Services and Agriculture sectors. The COLCAP rose 0.39% while individual movers included Ecopetrol reaching a 52-week high and a number of large-cap names posting sharp declines. Commodity prices and currency pairs also moved notably during the session.

Key Points

  • COLCAP closed up 0.39% with Industrials, Services and Agriculture among the leading sectors.
  • Ecopetrol (BVC:ECO) led gains, rising 2.80% to 2,570.00 and reaching a 52-week high; several large caps posted significant declines, including ETB, SIS_p and ISA.
  • Commodities (coffee, cocoa, gold) fell and currencies shifted - USD/COP rose while BRL/COP weakened.

Colombian equities ended trading higher on Friday, with gains concentrated in the Industrials, Services and Agriculture sectors that helped lift the market overall.

At the close, the COLCAP rose 0.39%.

Top and bottom movers

The session's strongest performer on the COLCAP was Ecopetrol SA (BVC:ECO), which gained 2.80% - a rise of 70.00 points - to finish at 2,570.00. Ecopetrol's move took it to a 52-week high, with the stock advancing 2.80% or 70.00 to 2,570.00.

Other notable winners included Corporacion Financiera Colombiana (BVC:CFV_p), which added 1.81% or 320.00 points to close at 17,960.00. Cementos Argos Pf (BVC:CCB_p) was unchanged for the session, registering a 0.00% move and closing at 13,500.00.

By contrast, several names posted steep declines. Etb (BVC:ETB) tumbled 9.09% or 5.00 points to end at 50.00. Grupo de Inversiones Suramericana SA Preferred (BVC:SIS_p) fell 6.43% or 2,860.00 points to settle at 41,620.00, and Interconnection Electric SA ESP (BVC:ISA) declined 5.29% or 1,560.00 points to close at 27,940.00.

Overall breadth was narrow; falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 1 to 0.

Commodities and currencies

Commodities moved lower in the session. US coffee C for May delivery fell 2.31% or 6.75 to $285.15. US cocoa for May delivery lost 0.51% or 17.00 to reach $3,298.00. April Gold Futures fell 2.00% or 102.70, trading at $5,023.10 a troy ounce.

Currency pairs saw modest shifts. USD/COP was up 0.33% at 3,706.43, while BRL/COP slipped 1.04% to 697.05. The US Dollar Index Futures advanced 0.75% to 100.50.

Market context

The session combined sector-led gains at the index level with pronounced stock-specific moves in both directions, and concurrent declines across selected commodities and some emerging market currency strength in the US dollar.

Risks

  • Concentrated stock declines in ETB, SIS_p and ISA indicate company-specific volatility that could weigh on their sectors - particularly utilities and financials.
  • Drops in key commodity prices (coffee, cocoa, gold) may affect agriculture-linked and commodity-exposed firms and investors.
  • Currency swings - including a stronger USD/COP and a weaker BRL/COP - introduce exchange-rate risk for companies and portfolios with exposure to those currencies.

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