Colombia Markets: COLCAP & the Peso — September 5, 2026
Key Facts
- COLCAP gain Colombia’s COLCAP index, which tracks the country’s biggest listed companies, rose 0.40% to 2,545 points on Friday.
- Peso barely moves The peso was little changed at about 3,151 per dollar, nearly a fifth stronger than its year-low.
- Oil support Steady oil prices encouraged holding shares of Ecopetrol, Colombia’s state oil company.
- Global calm The S&P 500, a benchmark of large US companies, edged down 0.08% and US politics stayed quiet.
- The catch Colombia outperformed, but Mexico’s IPC and Peru’s BVL fell while Brazil’s Ibovespa was flat.
Today’s Focus
Colombia’s main stock index, the COLCAP, rose 0.40% to 2,545 points on Friday, September 4.
The COLCAP tracks the biggest and most-traded companies on the Bogotá stock exchange.
The peso barely moved. One US dollar bought about 3,151 pesos, roughly the same as the day before.
That means the local currency held its ground rather than swinging either way.
Traders cited oil’s steadier tone as the key support. Colombia depends heavily on crude exports, so when oil stops falling, the local market often catches its breath.
The market moved calmly, not wildly.
No single company led the index.
Trading was spread across major blue-chip stocks.
What matters today. Colombia’s stock market ended the week on a quietly firmer footing, traders said, while the peso held steady against the dollar.
01 The session in one read
Colombia’s stocks rose slightly on Friday, while the peso held steady.
Oil, the country’s main export, showed signs of stabilizing.
The COLCAP is Colombia’s main stock market index. It tracks the biggest companies in Bogotá.
It closed at 2,545 points. That was up 0.40% from the day before.
The Colombian peso barely moved: one US dollar bought about 3,151 pesos, roughly flat from the previous close.
It was a selective session. Investors favoured the heavyweight energy and financial names that dominate the index, but there was no broad rush into stocks generally.
The market is calming down, not speeding up. Colombia’s COLCAP stock index rose 0.40%, a modest move.
The peso was little changed, holding on to its slow recovery from a weak first half.
The big thing to watch is oil. If Brent or WTI, the two main global oil-price benchmarks, fall again next week, Friday’s calm may not last.
Ecopetrol and the government’s finances depend heavily on crude prices. So any drop in oil can quickly change the mood.
02 The day’s numbers
| Measure | Level | Change | Read |
|---|---|---|---|
| COLCAP | 2,545 | +0.40% | Steady Friday gain, oil-led |
| USD/COP | 3,151 | ≈0% | Peso little changed for the session |
| 52-week range | 3,044 – 3,925 | — | Peso is 19.7% below its weakest a year ago |
| S&P 500 | 7,742 | −0.08% | Barely lower after a strong US jobs report |
| US 10-year yield | 4.789% | +0.34% | Slightly higher US borrowing costs |
The peso closed at about 3,151 per dollar. That is nearly 20% stronger than its weakest point in the last year.
This is a big recovery for the currency, even though Friday itself brought little change.
In the US, a stronger-than-expected August jobs report pushed the 10-year Treasury yield, a gauge of US government borrowing costs, up 0.34%. The S&P 500 still dipped 0.08%.
The mood in Bogotá was calmer, though. Local traders watched oil and the peso, not Wall Street. Rio Times · Live Market Intelligence
Live Market IntelligenceColombia — Live Market Board
Colombia — Live Market Board
Instrument Last Change YoY Prev. High Low Volume
COLCAP
2,544.56
+0.40%
—
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 — oil steadies, peso holds
Crude is Colombia’s most important export. It drives the government’s budget and the stock index.
Ecopetrol, the state-controlled oil major, is a key part of the COLCAP index. This index tracks the country’s main stocks.
Oil prices steadied on Friday after recent swings.
That gave local investors confidence to keep or add energy stocks.
They chose not to sell before the weekend.
The peso’s stability also helped. A steady peso lowers currency risk for foreign investors.
They worry less about losing money on currency swings when the peso holds firm.
The day’s trading was calm and steady. No single company or news story led the market.
This suggests a gentle adjustment after recent gains. It was not a reaction to new events.
04 The day’s movers
| Driver | Level / Move | Change | Note |
|---|---|---|---|
| COLCAP heavyweight complex | 2,545 | +0.40% | Broad blue-chip support, no single leader |
| USD/COP | 3,151 | ≈0% | Peso little changed as oil steadies |
| Regional laggard: Mexico IPC | 65,164 | −0.42% | Weakest of the five regional benchmarks |
| Regional anchor: Brazil Ibovespa | 185,147 | −0.02% | Effectively flat on Friday |
Colombia’s main stock index, the COLCAP, rose 0.40% today.
That gain came from steady buying in big energy, banking, and utility companies.
We don’t have data for individual stocks, so we look at the index as a whole.
Mexico’s main stock index, the IPC, fell the most in the region. Brazil’s Ibovespa, its top index, stayed flat.
Colombia’s market rose, standing out on a cautious day for Latin America.
05 The regional scoreboard
| Index | Country | Change |
|---|---|---|
| COLCAP | Colombia | +0.40% |
| Ibovespa | Brazil | −0.02% |
| IPC | Mexico | −0.42% |
| Merval | Argentina | −0.29% |
| BVL Perú | Peru | −0.31% |
Colombia’s gain stood out in a region that was otherwise flat to lower on Friday.
The live market board above shows all closing prices.
This summary highlights Brazil as the steadiest market.
Colombia also did well, while Mexico fell the most.
06 The technical picture
The COLCAP’s close at 2,545 leaves it within a recovery range that has been building since the middle of the year.
The peso’s 52-week range tells the story. The dollar traded between 3,044 and 3,925 pesos over the past year.
The current close of about 3,151 pesos is in the stronger half of that band.
For the index, the next test is whether it can hold above 2,500 on any oil pullback. If it does, traders will look for a push toward the next resistance zone near 2,600.
Watch oil prices. High crude keeps Colombia’s COLCAP stock index supported.
If oil falls, investors may sell shares tied to Ecopetrol, the state oil company.
07 What to watch
- Oil prices: Any fresh move in Brent or WTI will directly affect Ecopetrol and the broader COLCAP through Colombia’s export use
- USD/COP stability: A peso that holds below 3,200 per dollar supports foreign investor appetite for Colombian shares
- Ecopetrol trading volume: Turnover in the state oil major will show whether Friday’s steadiness is lasting or just end-of-week calm
- US 10-year yield: A further rise in Treasury yields could pressure emerging-market currencies like the peso and dampen local equity multiples
Background: Colombia’s Sura and Argos Both Announce Buybacks.
Background: Colombia Jobs: 578,000 Created in a Year, but Farming Lost 204,000.
Frequently Asked Questions
What is the COLCAP?
It is Colombia’s benchmark stock index, tracking the largest and most-traded companies on the Bogotá stock exchange, including Ecopetrol and Bancolombia.
Why was the peso little changed on Friday?
Oil steadied and dollar demand held steady, so one dollar bought about the same number of pesos as Thursday, near 3,151.
What role does oil play in Colombia’s market?
Crude oil is Colombia’s biggest export. Ecopetrol is a major stock in the main index.
So oil prices often guide the peso and local shares.
How should I read the 52-week range for the peso?
The dollar traded between 3,044 and 3,925 pesos in the last year.
Now at about 3,151, the peso looks strong compared to that range.
Market data: RT; exchange figures from BVC
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error
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