(Agencia CMA Latam) - Colcap, the main index of the Colombian Stock Exchange, rose 0.14%, to 1,492.09 points, due to increased appetite for emerging markets assets. Andr?s Fonseca, an analyst at Alianza Valores, said that a benchmark emerging markets index yesterday broke a significant technical level, boosting demand for shares in markets such as Colombia.
Ecopetrol's shares closed higher after its board of directors approved the establishment of a subsidiary in Mexico. The company recently won publics tender to explore and extract oil and gas in that country.
Meanwhile, ISA's shares closed steady after Colombia's Energy Mining Planning Unit awarded the company the design, construction, operation and maintenance of two power transmission lines in the country's northern region.
The shares of Cemargos (+1.53%), Grupo Aval (+1.16%), Banco de Bogot? (+1.12%), Corficolombiana (+0.71%) and Avianca (+0.55%) posted gains, while ETB (-1.53%), Davivienda (-1.46%) and Canacol (-0.57%) closed down.
Meanwhile, the locally traded US dollar closed at 3,046.80 Colombian pesos, falling slightly (-0.04%), due to a market correction and also to the rise in oil prices abroad.
by Agencia CMA Latam
For comments and feedback: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.