Colombian equities closed lower on Friday, with the COLCAP benchmark index shedding 0.38% in a cautious pre-weekend session.
The decline marks a reversal of the positive momentum that had characterized the market earlier in the week, as investors digested softening crude oil prices.
Ecopetrol, the state-owned energy giant and a heavyweight in the index, tracked the weakness in global oil markets.
Brent crude prices faced downward pressure, dragging on sentiment for the energy sector and contributing to the broader index decline.
The peso held firm near 3,217 per dollar, providing some stability to the local currency market despite the equity sell-off.
The retreat follows a period of relative strength for Colombian assets.