Colombia's benchmark equity gauge ended the trading session lower on Wednesday, with the COLCAP index down 1.75% at the close as selling concentrated in the Financials, Investment and Public Services sectors weighed on the market.
Among individual movers, Banco Davivienda Pf (BVC:DVI_p) was the session's strongest performer on the index, advancing 3.91% - a gain of 1,080.00 points - to finish at 28,700.00. Energy distributor Grupo Energia Bogota SA ESP (BVC:GEB) added 2.23%, or 65.00 points, to close at 2,975.00. Building materials group Cementos Argos SA (BVC:CCB) also posted gains, rising 2.05% or 280.00 points to end the session at 13,940.00.
On the downside, state oil company Ecopetrol SA (BVC:ECO) fell 1.78%, a decrease of 40.00 points, to close at 2,210.00. Natural gas and infrastructure company Promigas (BVC:PMG) declined 0.15% or 10.00 points to 6,730.00, while conglomerate Grupo Argos SA (BVC:ARG) slipped 0.11% or 20.00 points to 18,080.00.
Market breadth on the Colombia Stock Exchange was reported as rising stocks outnumbered declining ones by 1 to 0.
Separately, shares of Cementos Argos reached an all-time high in the session, advancing 2.05% or 280.00 points to 13,940.00.
Commodities and currency moves accompanied the stock-market action. In commodity futures trading, US coffee C for March delivery inched up 0.05% or 0.15 to $294.35. US cocoa for March delivery fell 1.05%, or 40.00, to $3,765.00. The April Gold Futures contract rose 1.68% or 84.39 to trade at $5,115.39 a troy ounce.
On the currency front, the USD/COP exchange rate was up 0.11% at 3,670.12, while BRL/COP rose 0.36% to 708.11. The US Dollar Index Futures increased 0.15% to 96.82.
This session combined sector-led weakness in the local market with mixed movements across commodities and currencies. The data points above reflect closing prices and percentage moves reported for the day.