Colombia stocks lower at close of trade; COLCAP down 0.93%

Colombian stocks experienced a decline in market value at the close of trade on Friday, as losses in key sectors contributed to the overall downturn. The Colombian Stock Exchange's COLCAP index fell by 0.93% in the final trading session. Among the top gainers of the day, Cementos Argos Pf (BVC:PFCEMARGOS) saw a significant rise of 5.76%, closing at 13,220.00, while Grupo Nutresa SA (BVC:NUTRESA) added 2.22%, bringing its value to 322,000.00.

Cementos Argos SA (BVC:CEMARGOS) also increased by 1.50% to 12,180.00. Meanwhile, Organizacion Terpel SA (BVC:TERPEL) was the worst performer of the session, dropping 2.11% to 19,500.00. Grupo Argos SA (BVC:GRUPOARGOS) and Corporacion Financiera Colombiana SA (BVC:CORFICOLCF) also declined, with their values falling by 2.02% and 1.93% respectively to close at 22,260.00 and 22,400.00.

The COLCAP index saw more stocks falling than rising, with the difference being 0 to 0. Notably, Grupo Nutresa SA (BVC:NUTRESA) shares reached all-time high levels, surging by 2.22% to 322,000.00. In commodity markets, US coffee for December delivery increased by 1.00% to $278.10, while US cocoa for December delivery rose by 0.23% to $5,603.00, and the December Gold Futures contract gained 0.52% to $4,320.50 per troy ounce.

The USD/COP exchange rate fell by 1.54% to 3,307.99, and the BRL/COP fell by 1.22% to 638.83. The US Dollar Index Futures also experienced a slight decline of 0.26% to 100.76.