Colombian equities finished the trading day in positive territory on Tuesday, supported by advances in the Industrials, Services and Agriculture sectors. The benchmark COLCAP index rose 0.92% at the close.
Among individual movers, Mineros SA (BVC:MAS) was the session's top performer on the COLCAP, climbing 2.63% or 480.00 points to finish at 18,720.00. Organizacion Terpel SA (BVC:TPL) added 2.50% or 480.00 points to close at 19,680.00, while Grupo Argos SA (BVC:ARG) gained 1.80% or 320.00 points to end the day at 18,100.00.
On the downside, Corporacion Financiera Colombiana SA (BVC:CFV) slipped 0.30% or 60.00 points to close at 19,740.00. Celsia SA (BVC:CEL) was unchanged at 4,960.00, registering 0.00% or 0.00 points, and Grupo Nutresa SA (BVC:NCH) was also flat at 319,000.00, unchanged 0.00% or 0.00 points. Falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 1 to 0.
The session included a notable reference to Grupo Nutresa SA (BVC:NCH), with shares unchanged at what was reported as all time highs; unchanged 0.00% or 0.00 to 319,000.00.
Global commodities showed mixed performance during the session. US coffee C for March delivery declined 1.92% or 5.75 to $294.10. US cocoa for March delivery dropped 7.90% or 324.00 to $3,778.00. Meanwhile, the April Gold Futures contract fell 0.63% or 31.90 to trade at $5,047.50 a troy ounce.
Currency pairs involving the Colombian peso moved modestly. USD/COP was down 0.15% at 3,666.90, while BRL/COP fell 0.23% to 705.72. The US Dollar Index Futures was up 0.06% at 96.75.
Market participants monitoring Colombia's main index saw a day led by sector-level strength in Industrials, Services and Agriculture, with several large-cap names posting gains even as some financial and utility-related stocks were steady or slightly weaker. Commodity declines in coffee and cocoa were notable among commodities referenced during the trading day.