The main stock market index in Colombia, the COLCAP, has seen a notable increase of 127 points, reflecting a growth of 10.61% since the beginning of 2024. This performance is tracked through trading on a contract for difference (CFD) that reflects the benchmark index.
Looking ahead, forecasts derived from global macro models and analysts' expectations suggest that the Colombia Stock Market (IGBC) is likely to stabilize at 1330.14 points by the end of this quarter. Over the next twelve months, projections indicate a slight adjustment, estimating the index will trade at 1301.61.