BOGOTA--Colombian stocks fell Friday as a decline in oil prices
continues to push down oil firms that have a decisive weighing on the
index, while the peso weakened against the dollar.
The Colcap index, the benchmark for Colombia's largest publicly traded
shares, fell 0.33% in the session to end the week at 1663.51 points.
The index is up 3.9% so far this year.
The most heavily traded share in the session was state-controlled oil
share Ecopetrol SA (EC, ECOPETROL.BO). Ecopetrol's shares fell 2.9% to
COP5,080. It was followed by Pacific Rubiales Energy (PEGFF, PRE.T), a
Toronto-based oil firm, which fell 1% to COP38,200.
The Colombian peso, meanwhile, weakened against the greenback to close
at COP1,791.00 to the dollar from COP1,778.00 a day early.
The yield on Colombia's peso-denominated bond due July 2024 closed at
7.010% after ending the previous session at 7.005%.
Write to Darcy Crowe at darcy.crowe@dowjones.com
(END) Dow Jones Newswires
June 22, 2012 16:45 ET (20:45 GMT)
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