Colombian markets fall, reflecting downgrade from ratings agency

Colcap, the main index of the Colombian Stock Exchange, fell 1.27 percent near closing Friday at 1,456.70 points, still reflecting Colombia's sovereign rating downgrade by Standard & Poor's.

Ramses Pestanapalmett, an analyst at Ultraserfinco, noted that the market was still reflecting the downgraded, revealed earlier last week.

Source: RTTNews