COLCAP Jumps 1.54% to 2,570 as Peso Firms | Colombia Market Report, Oct 13
Key Facts
- Colombia’s COLCAP rose 1.54% to 2,570.29 on Tuesday 13 October, up 39.06 points from 2,531.23 in the first session after Monday’s holiday.
- The dollar closed at about 3,182 pesos, 12 pesos below the official TRM of 3,194.44.
- The stock exchange traded COP 192.5 billion (about US$60 million), according to the BVC data on La República.
- In New York, Ecopetrol’s ADR rose 1.68% and Bancolombia’s 0.56%, while the dollar index fell 0.36%.
- Prediction markets: Polymarket gives 65.5% to no change at Colombia’s October central bank decision and 31% to a 25-basis-point rise (US$35,872 traded across the decision’s markets, read at 8:50 pm ET on 13 October). Bets, not forecasts.
Today’s Focus
Colombian stocks jumped on Tuesday 13 October, the first trading day after the long holiday weekend. The COLCAP, the main index of the Colombian Stock Exchange (BVC), rose 1.54% to 2,570.29 points.
The peso also firmed. The dollar closed at about 3,182 pesos, 12 below the official rate set for the day by the financial regulator, the Superintendencia Financiera.
Valora Analitik reported a softer global dollar, with the market waiting for US inflation data. The dollar index fell 0.36% in our data.
What matters today. A stronger peso and a rising index help US holders of Colombian ADRs such as Ecopetrol and Bancolombia, although we could not confirm the stock-level drivers.
01 The session in one read
The COLCAP closed at 2,570.29, a gain of 39.06 points or 1.54%. The previous close was 2,531.23, according to the BVC data published by La República.
The dollar opened at 3,205 pesos, touched 3,210 and fell to a low of 3,170 before closing near 3,182. The official TRM for the day was 3,194.44, according to Semana and La República.
The index rose 1.54% while the peso firmed and the global dollar softened. That fits a broad relief move, yet we could not confirm which companies drove it.
The variable to watch is Wednesday’s US inflation reading. A hot number could reverse both the peso’s gain and the index’s.
02 The day’s numbers
| Measure | Level | Change |
|---|---|---|
| COLCAP | 2,570.29 | +1.54% |
| Dollar close vs TRM (COP) | 3,182 | -0.40% |
| Official TRM (COP) | 3,194.44 | n/a |
| S&P 500 (US) | 7,805.45 | -0.02% |
| Dollar index (DXY) | 102.2 | -0.36% |
Semana reported an average dollar price near 3,194 pesos for the session. Stock trading reached COP 192.5 billion (about US$60 million at 3,182), according to BVC data. Rio Times · Live Market Intelligence
Live Market IntelligenceColombia — Live Market Board
Colombia — Live Market Board
Instrument Last Change YoY Prev. High Low Volume
COLCAP
2,570.34
+1.55%
—
9.04
9.05
9.02
4,133
USD/COP
3,140
+0.03%
-22.04%
3,139
3,141
3,105
—
BRENT
88.88
-0.03%
+34.42%
88.91
90.07
88.12
29,713
WTI
83.11
-0.11%
+31.57%
83.20
84.35
82.40
166,848
ECOPETROL
16.92
-0.53%
+98.01%
17.01
17.05
16.79
737,591
BANCOLOMBIA
95.87
-2.18%
+96.15%
98.01
100.36
95.73
188,740
GRUPO AVAL
5.40
+2.66%
+76.89%
5.26
5.49
5.32
146,447
TECNOGLASS
42.30
-1.10%
-48.04%
42.77
42.73
42.05
60,908
CREDICORP
375.17
-0.49%
+49.60%
377.00
384.43
372.27
88,375
BUENAVENTURA
34.45
-1.02%
+88.07%
34.80
35.62
34.33
275,831
SOUTHERN COPPER
193.97
-0.26%
+104.01%
194.48
199.36
192.59
367,102
03 Why it moved: a softer dollar and a holiday return
Valora Analitik said the US dollar began the day on a downward trend as markets waited for US inflation data. That data, due on Wednesday, can shape the Federal Reserve’s next move.
The dollar index fell 0.36% to 102.2 in our data. A weaker dollar usually supports emerging-market currencies and share prices.
04 The day’s movers
| ADR | Note | Change |
|---|---|---|
| Ecopetrol ADR (US$) | Oil | +1.68% |
| Bancolombia ADR (US$) | Largest bank | +0.56% |
We could not confirm the day’s biggest COLCAP movers from the exchange or Colombian press by our deadline. The table therefore shows only the two Colombian companies traded in New York.
05 The regional scoreboard
Colombia was the strongest of the five main Latin American indices, ahead of Argentina’s 1.45%. Mexico rose 0.33%, Chile fell 0.21% and Brazil’s Ibovespa fell 1.04%.
In New York, the S&P 500 ended at 7,805.45, down 0.02%. The Dow Jones fell 0.35%.
06 The technical picture and outlook
The COLCAP closed 39 points above its previous close of 2,531.23. A second gain would extend the move.
The central bank, Banco de la República, decides on interest rates in October. Prediction markets expect no change, but they give a one-in-three chance to a rise.
What Prediction Markets Say
Polymarket, a prediction market, priced no change at Colombia’s October central bank decision at 65.5%, a 25-basis-point rise at 31.0% and a rise of 50 basis points or more at 4.9%, with US$35,872 traded across the decision’s markets (read at 8:50 pm ET on 13 October).
These prices are bets on the central bank’s next move, not forecasts.
Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.
07 What to watch
- US consumer prices: The September reading is due on Wednesday 14 October at 12:30 UTC (8:30 am ET).
- The dollar near 3,170: A break below the day’s low would extend the peso’s gain.
- Banco de la República: Prediction markets give about a one-in-three chance to a rate rise in October.
- Stock-level data: We will add the biggest movers when the BVC data are confirmed.
Background: Peso Hits 3,195 per Dollar, Best Since Sept 22.
Background: COLCAP Slips 0.4% to 2,525 After a Fall.
More: Colombia news in English, every day from The Rio Times.
Frequently Asked Questions
How did Colombian stocks do on 13 October?
The COLCAP rose 1.54% to 2,570.29 points, according to BVC data published by La República.
What did the dollar do in Colombia?
It closed at about 3,182 pesos, 12 below the official TRM of 3,194.44.
Why was there no wrap for 12 October?
Monday 12 October was a public holiday in Colombia and the exchange was closed.
What do prediction markets expect from the central bank?
Polymarket priced no change at 65.5% and a 25-basis-point rise at 31% for October, as of 8:50 pm ET on 13 October. These are bets, not forecasts.
Market data: Bolsa de Valores de Colombia via La República; dollar: Semana, La República, Valora Analitik; ADRs and dollar index: RT; prediction markets: Polymarket (as of 8:50 pm ET, 13 October 2026)
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief
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