Colombian equities ended the trading session lower on Thursday, driven by sector-wide losses that pushed the COLCAP index down to a fresh one-month low. At the close in Colombia, the COLCAP declined 4.13% to hit a new 1-month low.
Market breadth skewed negative as falling issues outnumbered advancing ones on the Colombia Stock Exchange by 1 to 0, reflecting a session where the Financials, Investment and Public Services sectors exerted the greatest downward pressure on share prices.
Among the better-performing constituents of the COLCAP, Grupo Bolivar SA (BVC:SCA) finished higher, up 1.36% or 1,260.00 points to trade at 93,920.00 at the close. Grupo Aval Acciones y Valores SA Pref (BVC:GAA_p) added 1.12% or 9.00 points to end at 810.00, while oil major Ecopetrol SA (BVC:ECO) rose 0.87% or 20.00 points to 2,320.00 in late trade.
On the other side of the ledger, the session’s weakest performers included Grupo Cibest SA (BVC:CIBEST), which fell 2.72% or 2,440.00 points to trade at 87,260.00 at the close. Banco Davivienda Pf (BVC:DVI_p) declined 2.71% or 780.00 points to finish at 28,000.00, and Grupo Energia Bogota SA ESP (BVC:GEB) lost 2.68% or 80.00 points to 2,900.00.
Commodities trading showed a mixed picture alongside the equity decline. US coffee C for May delivery was down 1.19% or 3.40 to $281.45. US cocoa for May delivery rose 0.39% or 12.00 to $3,064.00. Meanwhile, the April Gold Futures contract fell 0.32% or 16.86 to trade at $5,209.34 a troy ounce.
Foreign exchange moves accompanied the session: USD/COP was up 1.79% to 3,768.66, while BRL/COP rose 1.46% to 732.13. The US Dollar Index Futures was marginally firmer, up 0.08% at 97.71.
The trading day closed with a clear tilt toward declines across key domestic sectors, while select large caps managed modest gains. The data on sector leadership and individual stock moves provide the contemporaneous snapshot of market activity at the close on Thursday, but do not offer a definitive view on near-term direction beyond that session.