Colombia Markets: COLCAP & the Peso — August 25, 2026
Colombia's COLCAP jumped 2.09% to 2,511 on Monday, August 24, 2026, while the peso firmed to 3,044 per dollar. Read the full market wrap. The post Colombia Markets: COLCAP & the Peso — August 25, 2026 appeared first on The Rio Times .
On Monday, Colombia's COLCAP index surged 2.09% to close at 2,511 points, marking one of the largest single-session gains in recent months. The peso strengthened 0.99% to 3,044 per US dollar, its firmest level in a year. This rally was driven by fresh support for the electric-power sector and a stronger peso, as local media highlighted the government's commitment of 1.5 trillion pesos to thermal-plant obligations and India's state oil company's reactivation of a well in Meta province.
Grupo Sura, a large financial conglomerate, began inclusion in the FTSE GEIS index, which can attract passive money from international funds. While global markets were mixed, gold reached a three-month high, and the US tech shares slipped. The local market showed strong breadth, with financials leading the gains, while energy and industrials lagged.
The COLCAP's 2.09% rise placed it near the top of its 52-week range, while the peso's 22.7% recovery from its 52-week high signaled a substantial shift for Colombian importers and foreign investors.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
