Key Facts
The COLCAP shed 0.38% closing at 2,274.53 points as energy shares dragged, while the Colombian peso strengthened a slight 0.09% to 3,213 per dollar.
Ecopetrol acted as the main anchor slipping in sympathy with global crude prices that eased on Friday, weighing on the broader benchmark index.
The peso sits 16.9% below its 52-week high trading near its strongest level of the year, a stark turnaround for a currency that touched 3,864 in the past twelve months.
Colombia remains a regional rate outlier with Banco de la República holding its key rate at 12% after a late-June hike, contrasting with Brazil’s ongoing easing cycle.
