Colombia's MSCI COLCAP index surged by nearly 7% to above the 2,320 mark on the first session of June, its highest since April, after rightwing populist outsider de la Espriella won the largest share of votes in the country's Presidential elections, setting up a run-off with leftist Cepeda, backed by outgoing President Petro. The result contrasted with polls that favored a leftist victory. Colombian equities tracked the surge for the peso and their sovereign bonds. Espriella had pledged to cut Colombia's growing budget deficit amid the country's increasingly tight public finances, with last year's shortfall coming at 6.4% of the GDP, a reason cited by the central bank to hold rates restrictive. At the same time, the candidate also pledged to back coal mining and oil drilling in Colombia, which face opposition from the incumbent government. Ecopetrol, the state oil company, surged over 8%.
Colombia's main stock market index, the COLCAP, rose to 2503 points on June 19, 2026, gaining 4.02% from the previous session. Over the past month, the index has climbed 19.77% and is up 51.90% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Colombia. Historically, the Colombia Stock Market (IGBC) reached an all time high of 2562 in January of 2026. Colombia Stock Market (IGBC) - data, forecasts, historical chart - was last updated on June 20 of 2026.
Colombia's main stock market index, the COLCAP, rose to 2503 points on June 19, 2026, gaining 4.02% from the previous session. Over the past month, the index has climbed 19.77% and is up 51.90% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Colombia. The Colombia Stock Market (IGBC) is expected to trade at 2372.31 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2094.88 in 12 months time.