Key facts

Colombia’s COLCAP index dropped 4.38% to close at 2,393.30 on Monday, June 22, a loss of nearly 110 points.

It was the worst-performing major index in Latin America that day, reversing the previous session’s strong gain.

The fall came right after the weekend’s presidential runoff, won by the market-friendly candidate, but only by a razor-thin margin.

Investors had already priced in the win, so the slim, contested result triggered profit-taking.