Colombian Stocks Fall, Led by Ecopetrol; Peso Advances

    By Darcy Crowe

    BOGOTA--Colombian stocks fell Thursday, pushed lower by a drop in oil shares, while the peso gained ground against the dollar.

    The Colcap index, the benchmark for Colombia's largest publicly traded firms, fell 0.44% to close the session at 1833.48 points.

    The decline was led by state-run oil firm Ecopetrol (EC, ECOPETROL.BO), which was also the most heavily traded share of the day. Ecopetrol's shares fell 0.18% to COP5,440.

    The Colombian peso, meanwhile, gained against the U.S. dollar and closed at COP1,765.35 from COP1,774.40 a day earlier. The yield on Colombia's peso-denominated bond, known as TES, due in 2020 stood at 5.058% after starting the session at 5.001%.

    Write to Darcy Crowe at