Colombian Peso Slips as Ecopetrol Gains | Colombia Market Report, Oct 14

By The Rio Times | Created at 2026-10-15 01:47:01 | Updated at 2026-10-18 02:32:00 3 days ago

Key Facts

  • Colombia’s peso weakened to about 3,189 per US dollar on Wednesday 14 October, a rise of about 16 pesos for the dollar, La República reported.
  • Ecopetrol’s New York shares rose 2.17% to US$17.90, and Grupo Cibest’s (formerly Bancolombia) rose 1.50% to US$96.92, while US stocks fell.
  • US inflation of 3.7% beat the 3.6% forecast, lifting the dollar and raising bets on a Federal Reserve rate rise.
  • We could not confirm the COLCAP close for the day, so this report leaves the index level out rather than guess.
  • Prediction markets: Polymarket gives 67.5% that Colombia’s central bank holds its rate in October and 31.8% that it raises it (US$36,955 traded, read at 8:25 pm ET on 14 October). Bets, not polls.

Today’s Focus

Colombia’s peso weakened on Wednesday 14 October as the US dollar rose after hot US inflation data. The dollar closed at about 3,189 pesos, according to our RT feed.

La República said the dollar gained 15.80 pesos on the day, as markets weighed a possible Federal Reserve rate rise.

Oil stocks gained: Ecopetrol’s New York shares rose 2.17% as West Texas Intermediate crude rose about 1%.

What matters today. A weaker peso and a stronger oil stock are the two numbers that matter to US investors in Colombia, because Ecopetrol is the country’s biggest listed company.

Ecopetrol ADR daily chart

01 The session in one read

The dollar rose about 0.5% against the peso to roughly 3,189. The peso had firmed over the previous week, Portafolio reported.

We could not confirm the closing level of the COLCAP index from the exchange or the main Colombian papers. We do not publish an unconfirmed index level.

Assessment — Oil helps, the dollar hurts MEDIUM

Ecopetrol rose while the peso fell, which shows that oil, not local news, drove the stocks.

The variable to watch is the central bank, because a rate rise would support the peso.

02 The day’s numbers

Measure Level Change
Dollar (pesos, RT) 3,188.67 +0.5%
Ecopetrol (US$, NYSE) 17.90 +2.17%
Grupo Cibest (US$, NYSE) 96.92 +1.50%
Oil, WTI (US$) 95.09 +1.01%
S&P 500 (US) 7,718.94 -1.11%
Dollar index (DXY) 102.5 +0.34%

Gold fell for a third straight session in Colombia’s market, La República reported. Oil rose, which supported Ecopetrol.
Live Market IntelligenceColombia — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Colombia — Live Market Board

BVC · Bogotá
Oct 14, 2026 · 21:51

MSCI COLCAP · benchmark

2,582.29 +0.46%

Market breadth · 9 names

11% advancing

1 ▲ advancing8 declining ▼

Currencies, rates & key inputs

Sector heatmap · average move today

Financials

0.00%

BANCOLOMBIA, GRUPO AVAL, CREDICORP

Other

-0.13%

BRENT, WTI, SOUTHERN COPPER

Mining

-1.02%

BUENAVENTURA

Industrials

-1.10%

TECNOGLASS

Latin America scoreboard

IndexLastTodayStrength

IbovespaBrazil 206,505.98 -0.18%

S&P/BMV IPCMexico 66,659.01 -0.46%

S&P IPSAChile 10,966.21 -0.49%

S&P MERVALArgentina 2,835,843 -1.16%

MSCI COLCAPColombia 2,582.29 +0.46%

BVL S&P PerúPeru 60,511.74 -1.60%

Full instrument board

InstrumentLastChangeYoYPrev.HighLowVolume
COLCAP 2,582.29 +0.46% — 9.04 9.05 9.02 4,133
USD/COP 3,140 +0.03% -22.04% 3,139 3,141 3,105 —
BRENT 88.88 -0.03% +34.42% 88.91 90.07 88.12 29,713
WTI 83.11 -0.11% +31.57% 83.20 84.35 82.40 166,848
ECOPETROL 16.92 -0.53% +98.01% 17.01 17.05 16.79 737,591
BANCOLOMBIA 95.87 -2.18% +96.15% 98.01 100.36 95.73 188,740
GRUPO AVAL 5.40 +2.66% +76.89% 5.26 5.49 5.32 146,447
TECNOGLASS 42.30 -1.10% -48.04% 42.77 42.73 42.05 60,908
CREDICORP 375.17 -0.49% +49.60% 377.00 384.43 372.27 88,375
BUENAVENTURA 34.45 -1.02% +88.07% 34.80 35.62 34.33 275,831
SOUTHERN COPPER 193.97 -0.26% +104.01% 194.48 199.36 192.59 367,102

Largest moves today

GRUPO AVAL 5.40 +2.66%

BANCOLOMBIA 95.87 -2.18%

TECNOGLASS 42.30 -1.10%

BUENAVENTURA 34.45 -1.02%

ECOPETROL 16.92 -0.53%

CREDICORP 375.17 -0.49%

COLCAP 2,582.29 +0.46%

SOUTHERN COPPER 193.97 -0.26%

The session read

The MSCI COLCAP rose 0.46%, with breadth negative — 1 of 9 names higher. Financials led, while Industrials lagged.

Live Company IntelligenceEcopetrol SA ADR — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.

E

◆ Live Company Intelligence

Ecopetrol

NYSE: ECECOPETROLEnergyOil & Gas Integrated

$36.02B

Market cap

Analyst target $14.30

Wall Street view

2.4Reduce/ 5

0 Buy7 Hold4 Sell

Avg. price target $14.30  ·  -2% vs 200-day

Valuation & profitability

Market cap$36.02B

Revenue (TTM)$125.67T

P / E ratio9.5

Profit margin10.2%

Return on equity16.0%

Price & risk

52-wk low
$8.16
52-wk high
$18.38

Beta (volatility)-0.04

200-day average$14.65

Revenue trend · 6y

20202025

Latest $111.48T

Ownership

Institutions1.4%

Shares outstanding2.06B

Top holderBlackRock Inc

Institutional holders5+ funds

Dividend

No regular dividend — earnings reinvested for growth.

What Ecopetrol does. Ecopetrol S.A. operates as an integrated energy company. It operates through four segments: Exploration and Production; Transport and Logistics; Refining and Petrochemicals; and Energy transmission and Toll Roads Concessions. The Exploration and Production segment engages in the exploration and production of oil and gas. The Transport and Logistics segment is involved in…

03 Why it moved: inflation and oil

The US consumer price index rose 0.6% in September and 3.7% over twelve months, above the 3.6% forecast, the Bureau of Labor Statistics said. El Financiero reported that the Colombian peso was among the currencies that fell against the dollar.

Crude rose about 1% to US$95.09 for West Texas Intermediate and 0.3% to US$106.01 for Brent, which helped Ecopetrol.

04 Oil and the stocks

Ecopetrol, the state-controlled oil company, rose 2.17% in New York while the S&P 500 fell 1.11%. Grupo Cibest, the bank group formerly called Bancolombia, rose 1.50%.

Oil was the support: crude gained about 1% on the day. The peso, by contrast, followed the dollar.

05 The regional scoreboard

Colombia’s oil-linked stocks did better than the rest of the region. Argentina’s Merval fell 1.2%, Chile’s IPSA 0.49%, Mexico’s IPC 0.26% and Brazil’s Ibovespa 0.18%.

On Wall Street the S&P 500 dropped 1.11% and the Nasdaq 1.88%.

06 The outlook

The central bank’s October decision is the next local test, with markets leaning towards no change. The peso will follow US yields in the meantime.

What it means for you: if you earn or save in Colombian pesos, a dollar near 3,190 pesos is still lower than a week ago, Portafolio reported, and oil prices are the main support.

What Prediction Markets Say

Polymarket, a prediction market, priced 67.5% for no change in the Bank of the Republic’s October decision, 24.0% for a 25-basis-point rise and 7.8% for a rise of 50 basis points or more, with US$36,955 traded (read at 8:25 pm ET on 14 October).

These prices are bets, not forecasts, and they can move quickly on new data.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

07 What to watch

  • Central bank: The October decision will show whether Colombia raises rates.
  • The peso: A dollar above 3,250 pesos would signal stress.
  • Oil: Ecopetrol follows crude, with Brent near US$106.
  • US data: US retail sales on Thursday 15 October at 12:30 UTC could move the dollar again.

Background: Colombia Stocks Jump 1.54% as Peso Firms.

Background: Peso Hits 3,195 per Dollar, Best Since Sept 22.

More: Colombia news in English, every day from The Rio Times.

Frequently Asked Questions

How much is the dollar in Colombia?

The dollar closed at about 3,189 pesos on 14 October in our RT data. La República said it gained 15.80 pesos on the day.

Why did the peso weaken?

US inflation of 3.7% beat the 3.6% forecast and lifted the dollar, El Financiero reported.

How did Ecopetrol do?

Its New York shares rose 2.17% to US$17.90 as crude oil rose about 1%.

Will Colombia’s central bank raise rates?

Polymarket priced 67.5% for no change and about 32% for a rise at the October decision, as of 8:25 pm ET on 14 October. These are bets, not forecasts.

Market data: RT; dollar move, company news and gold: La República; peso and oil: El Financiero; US inflation: US Bureau of Labor Statistics; prediction markets: Polymarket (as of 8:25 pm ET, 14 October 2026)

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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