Colombia’s COLCAP Jumps 1.03% as the Peso Slides to 3,166.69 per Dollar
Key Facts
- The MSCI COLCAP closed at 2,548.22 points, up 1.03% on the day, according to La República, a single source for the Colombian index.
- The peso closed at 3,166.69 to the dollar, up 1.11% on the day and 2.10% over the week.
- July economic activity rose 1.11% year on year, against a 2.9% consensus and June’s 3.41%, according to Reuters.
- Ecopetrol’s New York ADR closed at US$17.58, up 1.15%, while Bancolombia’s ADR fell 1.63% to US$96.63.
- Colombia’s trade balance is due Monday 21 September, with a consensus deficit of US$1.9 billion against a prior US$2.54 billion.
- West Texas Intermediate traded at US$100.30 a barrel, with Brent at US$103.87, according to research compiled for this report.
Today’s Focus
Colombia’s equity market and its currency moved in opposite directions on Friday. The COLCAP rose while the peso weakened against the dollar.
The MSCI COLCAP closed at 2,548.22 points, up 1.03% on the day, according to La República. That is a single source for the Colombian index.
The peso closed at 3,166.69 to the dollar, up 1.11% on the day and 2.10% over the week. A weaker peso means more of them are needed to buy one dollar.
The week’s economic data did not help the currency. July activity grew 1.11% year on year, below the 2.9% consensus and June’s 3.41%.
Monday brings the trade balance, with a consensus deficit of US$1.9 billion. The prior reading was a deficit of US$2.54 billion.
What matters today. The July activity index at 1.11% is less than half the 2.9% consensus. That gap is the week’s most important number for the peso.
| Instrument | Level | Session |
|---|---|---|
| Ibovespa (Brazil) | 185,229.17 | -0.41% |
| S&P 500 (US) | 7,650.50 | +0.17% |
| Nasdaq Composite (US) | 26,523 | +0.39% |
| VIX (US volatility) | 14.81 | -4.08% |
| USD/BRL | 5.1445 | +0.30% |
| Gold (per ounce) | US$4,380.01 | +0.77% |
| Silver (per ounce) | US$66.35 | +1.41% |
| Oil fund (USO) | US$153.82 | -0.96% |
Friday, 18 September 2026 close. Gold, silver and the oil fund in US dollars.
01 The session in one read
Friday gave Colombia a split verdict. Local shares rose while the currency fell.
The COLCAP gained 1.03% to 2,548.22 points, according to La República. That is the only source we could verify for the Colombian index close.
The peso told the opposite story. It closed at 3,166.69 to the dollar, up 1.11% on the day and 2.10% over the week.
July economic activity grew 1.11% year on year, below the 2.9% consensus. Reuters reported the figure and the consensus it missed.
What matters now is whether the peso’s slide continues into next week. Monday’s trade balance is the first test.
02 The day’s numbers
| Measure | Level | Change | Read |
|---|---|---|---|
| MSCI COLCAP | 2,548.22 | +1.03% | Per La República, single source |
| USD/COP | 3,166.69 | +1.11% | Week: +2.10% |
| July activity (ISE) | 131.74 | +1.11% | Consensus was 2.9% |
| Ecopetrol ADR (EC) | US$17.58 | +1.15% | Week: -0.96% |
| Bancolombia ADR (CIB) | US$96.63 | -1.63% | Week: -5.30% |
| WTI crude | US$100.30 | — | Brent at US$103.87 |
The peso figure is firmer. RT’s end-of-day series puts the dollar at 3,166.69, up from 3,132.01 on Thursday and 3,101.55 a week earlier.
The activity index is the third number that matters. DANE’s original series stood at 131.74 in July, a gain of 1.11% on the same month last year.
Ecopetrol’s ADR rose while Bancolombia’s ADR fell. The two New York listings moved in opposite directions on the day.
Live Market IntelligenceColombia — Live Market Board
Rio Times · Live Market Intelligence
Colombia — Live Market Board
+1.05%
185,229.17
-0.41%
63,375.93
-0.78%
11,381.18
+1.30%
3,021,926
-1.29%
2,548.22
+1.05%
60,023.65
-1.13%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| COLCAP | 2,548.22 | +1.05% | — | 9.04 | 9.05 | 9.02 | 4,133 |
| USD/COP | 3,140 | +0.03% | -22.04% | 3,139 | 3,141 | 3,105 | — |
| BRENT | 88.88 | -0.03% | +34.42% | 88.91 | 90.07 | 88.12 | 29,713 |
| WTI | 83.11 | -0.11% | +31.57% | 83.20 | 84.35 | 82.40 | 166,848 |
| ECOPETROL | 16.92 | -0.53% | +98.01% | 17.01 | 17.05 | 16.79 | 737,591 |
| BANCOLOMBIA | 95.87 | -2.18% | +96.15% | 98.01 | 100.36 | 95.73 | 188,740 |
| GRUPO AVAL | 5.40 | +2.66% | +76.89% | 5.26 | 5.49 | 5.32 | 146,447 |
| TECNOGLASS | 42.30 | -1.10% | -48.04% | 42.77 | 42.73 | 42.05 | 60,908 |
| CREDICORP | 375.17 | -0.49% | +49.60% | 377.00 | 384.43 | 372.27 | 88,375 |
| BUENAVENTURA | 34.45 | -1.02% | +88.07% | 34.80 | 35.62 | 34.33 | 275,831 |
| SOUTHERN COPPER | 193.97 | -0.26% | +104.01% | 194.48 | 199.36 | 192.59 | 367,102 |
03 Why it moved — activity missed badly
The July activity index was the week’s decisive release. It rose 1.11% year on year, against a 2.9% consensus and June’s 3.41%.
That is a slowdown of more than two percentage points in a single month. Reuters reported the figure and the consensus it missed.
DANE’s own publication put the original-series index at 131.74 for July. The agency confirmed the same 1.11% growth rate against July 2025.
The peso’s weekly loss of 2.10% compared with the Brazilian real’s 0.46% and the Mexican peso’s 1.46%. Those are RT’s weekly moves for the two currencies.
The dollar index was almost flat on Friday at 100.215. It was up 1.10% over the week, according to RT’s end-of-day series.
04 The day’s movers
Ecopetrol’s New York ADR closed at US$17.58, up 1.15% on the day. Over the week it was still down 0.96%.
Bancolombia’s ADR moved the other way, closing at US$96.63 for a fall of 1.63%. Its weekly decline reached 5.30%.
The two ADRs point in different directions for a reason. Ecopetrol tracks crude, while Bancolombia tracks lending and the currency.
Oil fell on Friday, with the USO fund down 0.96%, while Ecopetrol’s ADR rose 1.15%. Brent’s proxy fund BNO slipped 0.56% on the day.
West Texas Intermediate traded at US$100.30 a barrel and Brent at US$103.87, according to research compiled for this report. Both benchmarks remain above US$100.
05 The regional scoreboard
| Market | Close | Session | Note |
|---|---|---|---|
| Ibovespa (Brazil) | 185,229.17 | -0.41% | Week: -1.06% |
| S&P/BMV IPC (Mexico) | 63,375.93 | -0.78% | Official close |
| MSCI COLCAP (Colombia) | 2,548.22 | +1.03% | Per La República |
| USD/COP | 3,166.69 | +1.11% | Week: +2.10% |
| USD/BRL | 5.1445 | +0.30% | Week: +0.46% |
| USD/MXN | 17.221 | +0.31% | Week: +1.46% |
Colombia’s index gain was the only positive move in that table. Brazil and Mexico both closed lower on Friday.
The peso’s weekly loss of 2.10% compared with the Brazilian real’s 0.46% and the Mexican peso’s 1.46%. All three currencies weakened against the dollar over the week.
Chile’s market was closed for the Fiestas Patrias holiday. Its last IPSA close was 11,381.18 on Thursday 17 September.
The Latin America fund ILF fell 1.16% on Friday and 2.59% over the week. Colombia’s index gain ran against that regional trend.
Mexico’s IPC closed at 63,375.93, down 0.78%. RT’s end-of-day feed shows 63,706.89, a snapshot taken before the close.
06 The technical picture
The peso’s 50-day simple moving average sits at 3,133.71 and its 200-day simple moving average at 3,462.89. Friday’s close of 3,166.69 is above the shorter average and below the longer one.
The peso’s 14-day RSI was 66.2. The peso’s 20-day high stands at 3,225.81 and its 20-day low stands at 3,046.50.
The peso’s 52-week high stands at 3,846.88 and its 52-week low at 3,035.33. Friday’s close of 3,166.69 sits between those two levels.
The peso’s 200-day simple moving average stands at 3,462.89. That is the level RT’s series puts furthest from Friday’s close.
The peso’s one-month change was 0.40%, according to RT’s series. The currency has moved little over a month despite the week’s slide.
07 What to watch
- The trade balance on Monday 21 September: Consensus is a deficit of US$1.9 billion against a prior US$2.54 billion.
- Import growth: The calendar shows a consensus of 18% year on year against a prior 27%.
- The peso’s 20-day high: It stands at 3,225.81, above Friday’s close of 3,166.69.
- Business confidence on Thursday 24 September: Consensus is 5 against a prior 6.1, another test of the activity story.
- Ecopetrol’s ADR: It rose 1.15% on Friday but is still down 0.96% for the week.
- Bancolombia’s ADR: It fell 1.63% on Friday and 5.30% over the week, tracking the currency.
Frequently Asked Questions
Where did the COLCAP close on 18 September 2026?
The MSCI COLCAP closed at 2,548.22 points, up 1.03% on the day, according to La República. We could not corroborate the level against a second source.
What is the Colombian peso worth?
The dollar closed at 3,166.69 pesos, up 1.11% on the day and 2.10% over the week, according to RT’s end-of-day series.
How fast did Colombia’s economy grow in July?
Economic activity rose 1.11% year on year, according to Reuters and DANE. The consensus was 2.9% and June’s reading was 3.41%.
How did Ecopetrol and Bancolombia trade?
Ecopetrol’s ADR closed at US$17.58, up 1.15%. Bancolombia’s ADR closed at US$96.63, down 1.63%.
What Colombian data is due next week?
The trade balance lands on Monday 21 September, with a consensus deficit of US$1.9 billion against a prior US$2.54 billion. Business confidence follows on Thursday.
What do the technical levels show?
The peso’s 14-day RSI was 66.2, and its 50-day simple moving average sits at 3,133.71 against a 200-day simple moving average of 3,462.89.
Sources: La República indicator page for the MSCI COLCAP close, a single source; Reuters and DANE for the July economic activity index; RT end-of-day series for USD/COP, the Ecopetrol and Bancolombia ADRs and the regional benchmarks; RT economic calendar for the Monday trade balance and Thursday business confidence; research compiled for this report for WTI and Brent levels.
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error
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