Colombia stocks higher at close of trade; COLCAP up 0.68%

Colombian stocks closed higher on Monday, with gains in the Industrials, Services, and Agriculture sectors propelling share prices upward. The Colombia Stock Exchange's COLCAP index surged 0.68% at the close. The Industrials sector led the rally, with Mineros SA (BVC:MINEROS) emerging as the best performer, gaining 7.02% to reach 21,940.00 points.

Organizacion Terpel SA (BVC:TERPEL) also saw a substantial rise of 5.41%, bringing its value to 19,500.00 points. Corporacion Financiera Colombiana SA (BVC:CORFICOLCF) experienced a 5.36% increase, closing at 23,180.00 points.

Conversely, Promigas (BVC:PROMIGAS) and Banco De Bogota SA (BVC:BOGOTA) were among the underperformers, with Promigas falling 3.67% to 5,780.00 points and Banco De Bogota SA declining 2.85% to 37,500.00 points. Additionally, Grupo Argos SA Pref (BVC:PFGRUPOARG) dropped 2.17% to 16,200.00 points. Mineros SA achieved an all-time high, increasing 7.02% to 21,940.00 points. Promigas shares, however, plunged to a 52-week low, falling 3.67% to 5,780.00 points.

Commodity markets witnessed some fluctuations, with US coffee C for December delivery declining 2.14% to $274.50. US cocoa for December delivery fell 0.38% to $5,307.00, and the December Gold Futures contract decreased 0.99% to $4,381.00 per troy ounce. The USD/COP exchange rate edged up 0.04% to 3,204.79, while the BRL/COP rate rose 0.04% to 627.47. The US Dollar Index Futures also saw a modest gain of 0.22% at 100.15.