Colombian equities finished the trading day in positive territory on Wednesday, supported by sector-level advances in Industrials, Services and Agriculture. The benchmark COLCAP index recorded a modest gain of 0.17% at the close.
Among components, Grupo Nutresa SA (BVC:NCH) was the session's top performer, climbing 5.17% - a rise of 15,000.00 points - to finish at 305,000.00. Interconnection Electric SA ESP (BVC:ISA) added 1.63%, or 460.00 points, closing at 28,660.00. Organizacion Terpel SA (BVC:TPL) also moved higher, gaining 1.60% - up 300.00 points - to end the day at 19,000.00.
Not all names participated in the advance. Ecopetrol SA (BVC:ECO) was the weakest stock in the session, falling 2.68% - a drop of 60.00 points - to close at 2,175.00. Grupo Argos SA (BVC:ARG) declined 2.65%, or 480.00 points, to finish at 17,600.00. Mineros SA (BVC:MAS) slipped 1.03%, down 200.00 points, to 19,200.00 by the close.
On the Colombia Stock Exchange, advancing issues outnumbered decliners by a ratio of 1 to 0 at the close.
Commodities trading saw mixed moves during the session. US Coffee C for May delivery rose 0.74%, an increase of 2.10, to settle at $285.20. US cocoa for March delivery weakened, falling 3.99% or 135.00 to $3,249.00. April Gold Futures gained 2.01%, up 98.44, to trade at $5,004.34 a troy ounce.
Currency markets showed upward movement for the peso against several benchmarks. The USD/COP rate increased 0.58% to 3,681.90, while BRL/COP rose 0.23% to 702.52. The US Dollar Index Futures also moved higher, advancing 0.59% to 97.64.
Market takeaway - The session closed with a small overall gain for the COLCAP, driven by gains in Industrials, Services and Agriculture, while selected energy and materials stocks weighed on performance. Commodity and FX moves accompanied the equity action.