Peso 3,237, COLCAP 2,528: Colombia Market Outlook, Wed., Nov. 4, 2026

Published Tuesday, Nov. 3, 2026 · For Wednesday, Nov. 4 · By Juan Reina · Colombia trades 9:30 a.m.–4:00 p.m. ET.

Colombia outlook · Wed., Nov. 4, 2026
COLCAP
2,527.66 · +1.47%
USD/COP
3,237
EC (ADR)
$16.54 · +2.29%
CIB (ADR)
$92.75 · +0.74%
COLO
$46.97
BanRep rate
12.25%
Tuesday closing data.

What to watch, in 30 seconds

  • Peso vs. the midterms: the U.S. result could move USD/COP from the 8:00 a.m. ET FX open; Tuesday’s 1.35% peso drop already priced some caution.
  • Oil and Ecopetrol: EC bounced 2.29% in New York after a 3% local drop; Iran headlines remain the swing factor.
  • Banks: Grupo Cibest (CIB) reports third-quarter results this week.
  • Momentum: after a 1.47% jump, profit-taking is possible; 2,500 is the level to watch.

What it means if you invest in dollars

Tuesday showed how much the peso matters: local stocks rose 1.47% but dollar returns were roughly flat. If the peso recovers after the election, dollar-based holders of EC, CIB or COLO could get a double benefit; if it weakens further, it can erase local gains. Information only, not advice.

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FAQ

What is expected for the Colombian stock market on Nov. 4, 2026?

The reaction to the U.S. midterms through the peso, oil for Ecopetrol, and whether the COLCAP holds 2,500 after Tuesday’s 1.47% gain.

What time does the Colombian stock market open?

9:30 a.m. ET, closing at 4:00 p.m. ET. The FX market (Set-FX) trades 8:00 a.m. to 1:00 p.m. ET.

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