Colombia Markets: COLCAP & the Peso — September 3, 2026
Colombia's COLCAP index closed up 0.77% and the peso strengthened to 3,169 per dollar on September 2, 2026, as global markets recovered. The post Colombia Markets: COLCAP & the Peso — September 3, 2026 appeared first on The Rio Times .
On September 3, 2026, Colombian shares saw a modest gain, with the benchmark COLCAP index finishing up 0.77% at 2,489 points. This modest gain mirrored a more calm tone across Latin American markets after a rocky week. The peso strengthened the most among the region's major currencies, rising 1.22% to 3,169 per US dollar, as investors unwound some bearish positions.
Oil prices, driven by geopolitical tensions, lifted the nation's hydrocarbon-dependent economy, providing a tailwind for the equity market. The Colombian peso's 1.22% gain suggests improving risk appetite toward Colombian assets, but equity trading remains thin, indicating that conviction is still building.
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