JPMorgan analyst Diego Pereira said, "A one-point win is still a win, but one this thin reshapes both the mandate and the politics of delivery across fronts."

Colombia's peso is the region's strongest and its stock market sits near highs, as investors bet on a pro-business win in Sunday's presidential runoff.

Far-right candidate Abelardo de la Espriella, who was endorsed by US President Donald Trump, won the preliminary count of the presidential runoff election in Colombia on Sunday,…