Published Friday, Oct. 30, 2026 · Updated Monday, Nov. 2, 2026 (evening) · For Tuesday, Nov. 3, 2026. Colombia’s market is closed Monday for All Saints’ Day, so the first onshore reaction to the central bank’s surprise hold comes Tuesday, the same day as the U.S. midterms. The exchange also switches to its winter schedule, which now matches New York: 9:30 a.m.–4:00 p.m. ET.
🔄 Monday night update (Nov. 2): what happened while Colombia was closed
- Oil plunge: Brent fell 7.6% to $104.77 on U.S.–Iran diplomacy hopes — the biggest driver for Ecopetrol on Tuesday.
- Ecopetrol ADR (EC): −5.93% to $16.17 in New York, pointing to a weak local open.
- Banks: Grupo Cibest (CIB) flat at $92.07 (+0.05%); Grupo Aval (AVAL) −2.03%.
- Peso: traded offshore near 3,227 per dollar vs. Friday’s 3,194 onshore close; cheaper oil could weigh on the peso. COLO ETF +0.06%.
- Wall Street: S&P 500 −0.51%, Nasdaq −1.07% on renewed tech selling. See the Nov. 2 close.
Closing data from New York, Monday, Nov. 2, 2026.
The 30-second version
- Peso catch-up: offshore trading already priced a weaker peso (~3,232). Tuesday’s onshore open could gap toward that level from Friday’s 3,194.
- For dollar investors, a weaker peso trims the dollar value of Colombian assets: EC fell in New York Friday even though the local share rose 2.2%.
- COLCAP vs. 2,500: it closed at 2,490.92; Ecopetrol and global risk appetite after Friday’s Nasdaq slide decide whether it breaks above.
- Banks in focus: Grupo Cibest (CIB) reports Thursday, Nov. 5.
- U.S. midterms could swing emerging-market sentiment.
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Open TradingView → · Affiliate linkWeek ahead for Colombia investors
| Date | Event | Why it matters |
|---|---|---|
| Mon., Nov. 2 | Colombian holiday | Local stocks and FX closed; EC, CIB, COLO trade in NY |
| Tue., Nov. 3 | Reopening; U.S. midterms | First onshore reaction to the rate hold |
| Thu., Nov. 5 | Grupo Cibest Q3 results | Largest bank; CIB ADR |
| Fri., Nov. 6 | U.S. jobs report | Can move the dollar and EM assets |
What it means for you
- Sending money to Colombia: a weaker peso means more pesos per dollar; Friday’s 3,194 local close vs. ~3,232 offshore. How to send money for less →
- Holding EC, CIB or COLO: currency moves can outweigh local stock moves this week.
- Living in Colombia on dollars: a softer peso stretches your budget a little. Colombian peso today →
Friday close: COLCAP 2,491 as the central bank holds · Colombia stock market outlook.
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Try Koyfin → · Affiliate linkFrequently asked questions
Is the Colombian stock market open on Monday, Nov. 2, 2026?
No. It is a Colombian holiday. Trading resumes Tuesday, Nov. 3.
What are Colombian stock market hours in Eastern Time now?
From Tuesday, Nov. 3, 2026, the Colombian Stock Exchange trades 9:30 a.m.–4:00 p.m. ET, the same as New York.
Why could the peso weaken on Tuesday?
Colombia’s central bank unexpectedly held rates at 12.25% after the local FX market had closed; offshore, the dollar rose to about 3,232 pesos.
When does Grupo Cibest report earnings?
Around Thursday, Nov. 5, 2026.
Information only, not investment advice.
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