Colombia stocks higher at close of trade; COLCAP up 0.21%

After the close of trade on Friday, Colombia stocks continued to climb, with gains across the Industrials, Services, and Agriculture sectors driving share prices upward. By the market's close, the Colombia Stock Exchange's Colombian Market Index (COLCAP) increased by 0.21%. Among the top performers of the day were Banco Davivienda Pref (BVC:PFDAVVNDA), which surged 6.69% or 2,000.00 points to reach 31,900.00, Ecopetrol SA (BVC:ECOPETROL) that gained 1.67% or 45.00 points to close at 2,745.00, and Grupo Bolivar SA (BVC:GRUBOLIVAR) with a 1.23% increase or 980.00 points, now trading at 80,960.00.

Conversely, Empresa de Telecomunicaciones de Bogota SA Esp (BVC:ETB) saw a decline of 4.41% or 6.00 points, settling at 130.00 at the market's close. Grupo Aval Acciones y Valores Pref (BVC:PFAVAL) saw a 1.49% drop of 12.00 points, ending at 795.00, while Corporacion Financiera Colombiana SA (BVC:CORFICOLCF) was down by 1.32% or 280.00 points to 20,920.00.

On the day, more stocks fell than rose, with the discrepancy between advancing and declining shares standing at 0 to 0. Banco Davivienda Pref (BVC:PFDAVVNDA) shares surged to their 52-week highs, climbing 6.69% or 2,000.00 points to 31,900.00. Meanwhile, US coffee futures for December delivery slipped 1.35% or 3.90 to $285.15. In the commodities market, US cocoa for December delivery rose 0.11% or 6.00, reaching $5,671.00, and the December Gold Futures contract increased by 1.52% or 63.30 to trade at $4,220.30 per troy ounce.

The USD/COP exchange rate slipped by 0.95% to 3,195.29, and the BRL/COP rate fell by 0.27% to 640.78. The US Dollar Index Futures ended the day up by 0.01% at 102.03.