Colombian stocks closed higher on Wednesday, with the benchmark COLCAP index advancing 0.77% as gains in the industrials, services and agriculture sectors outweighed declines in telecom and exchange operator shares.
The COLCAP index, which tracks the 20 most liquid stocks on the Bogotá Stock Exchange, rose to close at 1,320.45 points. Sector performance was mixed, with industrials leading advances as Grupo Argos SA Pref led gainers with a 4.38% rise to 16,700.00 points.
Ecopetrol SA followed with a 3.76% gain to 2,760.00, while Interconexión Eléctrica SA ESP climbed 3.29% to 29,480.00. Among decliners, Etb fell 7.69% to 84.00, Bolsa de Valores de Colombia dropped 2.38% to 15,620.00, and Mineros SA declined 2.00% to 18,600.00.
The Colombian peso held steady against the U.S. dollar, with the USD/COP rate receding 0.03% to 3,162.75. The Brazilian real also weakened slightly against the peso, with the BRL/COP rate down 0.03% to 621.28. The U.S. Dollar Index futures rose 0.11% to 99.53.
Commodity futures for December delivery showed divergent trends. Coffee C futures fell 3.91% to $297.35 per pound, while New York cocoa futures declined 4.28% to $6,290.00 per ton. Gold futures, however, advanced 0.86% to $4,434.30 per troy ounce.
