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Colombia's COLCAP Index Gains 0.65% on Broad Sector Strength
Colombian equities advanced at the close of trading on Friday, with the benchmark COLCAP index finishing the session up 0.65%. The gains were broad-based, supported by positive performance in the Industrials, Services, and Agriculture sectors, according to data from Investing.com.
Session Highlights
Several companies posted notable gains, leading the index higher. The session's top performers included:
- Mineros SA (BVC:MINEROS), which rose 3.35%
- Grupo Bolivar SA (BVC:GRUBOLIVAR), adding 2.81%
- Grupo Aval Acciones y Valores SA Pref (BVC:PFAVAL), which was up 1.70%
On the other side of the ledger, the session's primary laggards included Promigas (BVC:PROMIGAS), which fell 3.25%, and Organizacion Terpel SA (BVC:TERPEL), which declined by 2.81%.
AdCurrency and Commodity Markets
In currency markets, the Colombian peso strengthened against the U.S. dollar, with the USD/COP pair falling 1.28% to 3,253.61. This move occurred even as the U.S. Dollar Index Futures, which measures the greenback against a basket of other major currencies, edged up 0.08%.
Meanwhile, key commodity markets saw downward pressure. U.S. coffee C futures for September delivery fell 2.92%, while U.S. cocoa for September delivery dropped 7.47%. Gold futures for August delivery also declined, trading down 0.29%.