Colombian equities ended the trading session higher on Monday, driven by strength in Industrials, Services and Agriculture stocks. At the close in Colombia, the COLCAP added 1.09%.
The session's top performers on the COLCAP included Organizacion Terpel SA (BVC:TPL), which climbed 4.80% - a gain of 880.00 points to settle at 19,200.00. Grupo Cibest SA (BVC:CIBEST) rose 3.82%, adding 3,000.00 points to finish at 81,500.00, while oil major Ecopetrol SA (BVC:ECO) gained 3.23%, up 70.00 points to close at 2,240.00.
Not all names advanced. The session's laggards included Banco Davivienda Pf (BVC:DVI_p), which dropped 3.76% or 1,080.00 points to end at 27,620.00. Grupo Argos SA (BVC:ARG) fell 1.77%, down 320.00 points to finish at 17,780.00, and preferred shares of Grupo Aval Acciones y Valores SA Pref (BVC:GAA_p) declined 1.72%, slipping 14.00 points to 802.00.
Market breadth favored advancing issues on the Colombia Stock Exchange, with rising stocks outnumbering declining ones by 1 to 0.
Commodities markets showed mixed moves during the session. US coffee for March delivery rose 0.89% or 2.65 to $299.20. By contrast, US cocoa for March delivery declined 5.08% or 213.00 to $3,984.00. Precious metal futures were higher, with the April Gold Futures contract up 2.19% or 108.94 to trade at $5,088.74 a troy ounce.
Currency activity accompanied the equity rally. The USD/COP exchange rate closed lower, down 0.32% at 3,672.90, while BRL/COP strengthened 0.17% to 707.48. The US Dollar Index Futures fell 0.77% to 96.76.
Overall, the session saw cross-market movements across equities, commodities and currencies that reflected selective strength in industrial, services and agricultural names, alongside divergent performance in financial and conglomerate stocks.