Colombian equities posted their strongest close in weeks on Friday, with the COLCAP index rising 1.57%.
The broad-based rally was underpinned by stability in the local currency and a firmer backdrop for crude oil prices, which have supported the country's export-dependent economy.
This currency resilience followed a sharp 2% appreciation earlier in the week, driven by broad-based selling of the greenback after a disappointing US jobs report.
The peso held firm near its 52-week floor against the US dollar, providing a crucial anchor for investor sentiment.
This currency resilience followed a sharp 2% appreciation earlier in the week, driven by broad-based selling of the greenback after a disappointing US jobs report.
The local currency has since moved toward the 3,360 level, signaling a potential bottoming process after months of depreciation pressure.
The market move reflects a broader stabilization theme in Colombia's financial markets.