Colombia stocks higher at close of trade; COLCAP up 0.46%

Colombia's stock market closed higher on Friday, with gains across various sectors contributing to the increase. The Industrials, Services, and Agriculture sectors led the rally, driving the Colombia Stock Exchange (COLCAP) up by 0.46%. The standout performers of the day included Grupo Argos SA, which surged 1.99% or 400 points to close at 20,540 points.

The Bolsa De Valores De Colombia (BVC:BVC) also experienced an upward trend, adding 1.82% or 300 points to reach a closing value of 16,740 points. Banco De Bogota SA followed suit, climbing 1.70% or 640 points to 38,360 points. Conversely, Mineros SA faced the steepest decline, down 5.19% or 1,060 points to close at 19,380 points.

Grupo Nutresa SA and Organizacion Terpel SA also saw losses, falling 5.07% and 2.52% respectively, ending at 304,540 and 18,600 points. The Colombian market saw more stocks decline than advance, with no stocks closing higher than their previous day's close. Meanwhile, US commodities saw modest declines, with US coffee C for December delivery falling 2.06% to $306.00.

US cocoa for December and December Gold Futures also saw slight decreases, while the USD/COP rate fell 1.12% to 3,150.41. The US Dollar Index Futures also saw a minor dip of 0.05% to 101.60.