Colombia stocks lower at close of trade; COLCAP down 0.80%

Colombia stocks lower at close of trade; COLCAP down 0.80%

Dec 13, 2018

Colombia stocks were lower after the close on Thursday, as losses in the Financials, Industrials and Investment sectors led shares lower.

At the close in Colombia, the COLCAP lost 0.80% to hit a new 52-week low.

The best performers of the session on the COLCAP were Etb (CN:ETB), which rose 2.95% or 8.0 points to trade at 279.0 at the close. Meanwhile, Grupo Aval Acciones y Valores SA Pref (CN:GAA_p) added 0.50% or 5.0 points to end at 1015.0 and Grupoaval (CN:GAA) was up 0.49% or 5.0 points to 1025.0 in late trade.

The worst performers of the session were Avianca Holdings Pf (CN:AVT_p), which fell 4.95% or 95.0 points to trade at 1825.0 at the close. Cemex Latam Holdings SA (CN:CLH) declined 3.61% or 150.0 points to end at 4000.0 and Corporacion Financiera Colombiana SA (CN:CFV) was down 1.56% or 280.0 points to 17720.0.

Falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 16 to 6 and 4 ended unchanged.

Shares in Avianca Holdings Pf (CN:AVT_p) fell to 52-week lows; falling 4.95% or 95.0 to 1825.0.

US Coffee C for March delivery was up 1.02% or 1.05 to $104.10 . Elsewhere in commodities trading, US Cocoa for delivery in March rose 4.02% or 87.00 to hit $2249.00 , while the February Gold Futures contract fell 0.31% or 3.90 to trade at $1246.10 a troy ounce.

USD/COP was up 0.29% to 3178.30, while BRL/COP fell 0.46% to 816.54.

The US Dollar Index Futures was up 0.05% at 97.065.

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