Colombia’s benchmark stock index fell Friday, dragged lower by oil and financial shares, while the peso weakened slightly against the dollar.
The Colcap index, Colombia’s main index for the most liquid shares in the stock market, fell 0.08% to end the week at 1657.28 points. The index is up 5.46% so far this year.
Bancolombia SA, Colombia’s largest lending institution, fell 0.29% to close at COP27,940. Ecopetrol SA, the state-run oil firm, declined 0.21% to end the day at COP4,730.
The Colombian peso, meanwhile, weakened slightly to close at COP1,784.00 to the dollar from COP1,775.73 a day earlier, according to central bank data.
The yield on Colombia’s peso-denominated bond due July 2024 closed at 7.401%, after beginning the session at 7.380%.