What is the COLCAP?
The COLCAP is the leading stock market index for the Colombia Stock Exchange. It began in January 2008 with an initial value of 1000 and eventually replaced the IGBC as Colombia’s leading index in 2013. It is also part of the Mercado Integrado Latinoamericano (MILA), which integrates the stock exchange markets of Chile, Colombia, Mexico, and Peru
Where have you heard about the COLCAP?
As the leading stock market index in Colombia, the COLCAP hosts the largest companies in retail, gas and oil, banking and financial services. Amongst those companies are Pacific Exploration and Production, Bancocolombia, Ecopetrol and Grupo Nutresa.
What you need to know about the COLCAP.
The COLCAP is comprised of the top 20 most traded shares on the Colombian Stock Exchange – also known as the Bolsa de Valores. The companies listed on the COLCAP are reviewed consistently, with their market capitalization determining whether they will be included in the index. The Colombia Stock Exchange is a relatively new institution, especially when compared with the New York Stock Exchange. Although the idea to create the stock exchange formed at the start of the 20th century, it was not until the late 1920s that there were suitable conditions for it to form.