COLCAP Drops 3.8% in Worst Week of 2026 as Petro-Trump Thaw Fails to Lift Sentiment

2026-02-05 - 10:05

Colombia’s equity market suffered its steepest weekly decline of the year on Thursday, with the COLCAP index tumbling 3.8% from last Friday’s all-time high as investors aggressively booked profits following Banco de la República’s hawkish pivot. The selloff accelerated despite an unexpectedly cordial Trump-Petro White House summit and the release of BanRep’s January Monetary Policy