Colombian equities ended the trading day in negative territory on Friday, pressured by declines in the Financials, Investment and Public Services sectors. At the close, the benchmark COLCAP index lost 0.06% and reached a new one-month low.
Top performers:
- Ecopetrol SA (BVC:ECOPETROL) climbed 1.39% - an increase of 35.00 points - to finish at 2,550.00.
- Banco Davivienda Pref (BVC:PFDAVVNDA) advanced 1.11%, adding 300.00 points to close at 27,400.00.
- Mineros SA (BVC:MINEROS) rose 0.76%, up 160.00 points to end the session at 21,260.00.
Largest declines:
- Grupo Aval Acciones y Valores Pref (BVC:PFAVAL) fell 5.12%, a drop of 36.00 points, to close at 667.00.
- Empresa de Telecomunicaciones de Bogota SA Esp (BVC:ETB) declined 4.35%, losing 5.00 points to end at 110.00.
- Corporacion Financiera Colombiana Pref (BVC:PFCORFICOL) was down 4.33%, a fall of 740.00 points, to 16,340.00 at the close.
Market breadth was reported as narrow: "Falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 0 to 0."
Notably, shares of Grupo Aval Acciones y Valores Pref fell to 52-week lows, closing down 5.12% or 36.00 points at 667.00.
Commodities and futures:
- US coffee C for December delivery declined 0.34% or 0.95 to trade at $279.25.
- US cocoa for March delivery rose 1.21% or 63.00 to reach $5,267.00.
- The December Gold Futures contract fell 0.11% or 4.30, trading at $3,881.00 a troy ounce.
Foreign exchange and indexes:
- USD/COP moved up 0.16% to 3,321.65.
- BRL/COP fell 0.02% to 586.70.
- The US Dollar Index Futures was up 0.22% at 103.32.
The trading session featured a mix of small-cap volatility and selective gains among energy and banking-related names, while several preferred shares recorded notable declines. Movements in commodity prices and the dollar accompanied the local equity activity.