Colombian stocks inched higher wednesday, led by a sharp rise in the price of shares in Toronto-based energy company Pacific Rubiales.
The Colcap index, a benchmark for the Colombian Stock Exchange, rose 0.05% to end at 1,774.86 points.
Shares of Pacific Rubiales, which operated Colombia's largest-producing oil field, rose 1% to 38,500, as global crude oil prices increased to a five-week high.
The peso, meanwhile, rebounded from early-morning weakness to end stronger at COP1,825.00 to the dollar, versus COP1,831.00 a day earlier.
The yield on Colombia's peso-denominated bond maturing in 2.020 closed at 4.900%, up from 4.890% a day earlier.
Colombian financial markets, as well as businesses and government offices, are closed thursday and friday for the easter hollyday.
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