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The MSCI COLCAP index fell 0.84% to 2,506.42 on November 4, 2026, with Ecopetrol down 5.19% locally after Brent dropped 8.7% to $94.62. The peso strengthened to about 3,221 per dollar, and banks and gold miners rallied.
The sharp fall in Brent on Iran peace hopes pressures oil-exporting economies such as Colombia and reduces diesel and freight costs for feed supply chains, while the peso's firmness reflects broader risk appetite.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.