Colombia’s benchmark stock index fell Friday despite gains in the heavily weighted oil shares, while the peso was nearly flat against the dollar.
The Colcap index, the benchmark measure for Colombia’s largest publicly traded companies, fell 0.12% in the session to 1718.51 points. The index is up 9.35% so far this year.
Friday’s losses were led by Grupo de Inversiones Suramericana SA (GRUPOSURA.BO), known as Grupo Sura, which dropped 0.93% to COP31,800. State-run oil firm Ecopetrol SA (EC, ECOPETROL.BO) rose 0.61% to close at COP4,985.
The peso, meanwhile, was nearly flat against the dollar and closed at COP1,776.5 to the dollar from COP1,776.00 a day earlier.
The yield on Colombia’s peso-denominated bond due July 2024 closed at 7.365%, after starting the session at 7.387%.