COLOMBIA: Ecopetrol Rises 4% And Boosts Colcap In The Last Session Of 2017

(RTTNews) - Colcap, the main stock market index in Colombia, was up 0.57% near the end of trade Thursday at 1,513.65 points in the last trading session of the year.

According to Ramses Pestanapalmett, an analyst at Ultraserfinco, Ecopetrol stocks increased 4.03% and boosted the Colcap as oil prices hover near US$ 60 per barrel.

Also, the state-owned oil company said that Cira Infantas, the oldest oil field in the country, reached an output target of 45 thousand barrels per day (kbpd) a few days before expected.

The locally traded US dollar rose 0.26%, to 2,983.70 pesos, boosted by positive economic data from the United States - in particular, the consumer confidence index published Wednesday - according to Wilson Tovar, an analyst from Acciones & Valores.