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Colombia's COLCAP Index Rises 0.65% on Broad Sector Strength
Colombia's benchmark stock index, the COLCAP, finished Friday's trading session higher, posting a gain of 0.65%. The advance was driven by broad-based strength, with the Industrials, Services, and Agriculture sectors leading the market, according to data from the Colombia Stock Exchange.
Top Movers
Several companies posted notable gains, contributing to the index's positive performance. The session's top performers included:
- Mineros SA (BVC:MINEROS), which climbed 3.35%
- Grupo Bolivar SA (BVC:GRUBOLIVAR), adding 2.81%
- Grupo Aval Acciones y Valores SA Pref (BVC:PFAVAL), which rose 1.70%
On the other side of the ledger, the primary laggards included Promigas (BVC:PROMIGAS), which fell 3.25%, and Organizacion Terpel SA (BVC:TERPEL), down 2.81%.
AdCurrency and Commodity Markets
In foreign exchange markets, the Colombian peso showed considerable strength. The USD/COP currency pair fell 1.28% to 3,253.61, indicating a stronger peso against the U.S. dollar. This 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 futures contracts traded lower. U.S. coffee C futures for September delivery fell, as did U.S. cocoa. Gold futures for August delivery also declined, trading down 0.29% to $4,128.90 a troy ounce.