Colombia’s COLCAP index closed 0.09% lower on Tuesday as losses in financials, COL Investment and public services weighed on the benchmark. The index, which tracks the most liquid stocks on the BVC exchange, fell to 1,145.20 points by the end of the session.
Corporacion Financiera Colombiana SA led gains, rising 6.67% to 22,400 points, marking a three-year high. The company’s BVC-traded share (CORFICOLCF) added 1,400 points, while its preferred share (PFCORFICOL) climbed 5.49% to 18,840 points. Grupo de Inversiones Suramericana SA advanced 5.23%, closing at 63,140 points after adding 3,140 points during the day.
The broader decline was driven by losses in Grupo Nutresa SA, which fell 2.21% to 306,900 points, erasing 6,940 points from its closing price. Grupo Argos SA dropped 2.00% to 20,580 points, while Ecopetrol SA slipped 0.19% to 2,645 points.
Commodity futures showed mixed performance. December coffee contracts fell 1.99% to $334.85 per pound, while New York cocoa futures declined 1.70% to $5,844.00 per metric ton. Gold futures for December delivery rose 0.39% to $4,715.90 per troy ounce.
The USD/COP exchange rate remained flat at 3,094.41, while the BRL/COP pair also held steady at 601.14. U.S. Dollar Index futures increased 0.09% to 98.84, reflecting modest dollar strength against major peers.
