Colombia stocks higher at close of trade; COLCAP up 0.82%
Colombian stocks continued their upward trend after trading hours on Monday, with gains across Industrials, Services, and Agriculture sectors driving share prices higher. The Colombia Stock Exchange's COLCAP index closed at a new all-time high, surging 0.82% to 15,840.00 points.
Among the standout performers, Grupo de Inversiones Suramericana SA Preferred led the charge with a remarkable 5.07% increase, soaring 2,700 points to reach 56,000.00. Banco Davivienda Pf and Corporacion Financiera Colombiana also made notable gains, climbing 2.04% and 2.02% respectively, to close at 25,980.00 and 19,160.00 points.
On the flip side, Etb fell 3.94% to 122.00 points, while Grupo Argos SA Pref and Bolsa De Valores De Colombia both saw declines of 1.67% and 0.88% respectively. Shares in the latter two companies ended the day at 16,500.00 and 15,840.00 points.
In a stark contrast to the stock market, coffee futures for December delivery saw a slight dip of 0.83% to $292.90, while US cocoa and December Gold Futures both edged up marginally. Meanwhile, the USD/COP exchange rate ticked higher by 0.16% to 3,123.39, and BRL/COP rose 0.08% to 608.98. The US Dollar Index Futures ended the day down 0.26% at 98.89.
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