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Colombian stocks rose for a fifth session Monday as a jump in state-run oil firm Ecopetrol SA more than offset a dip in Isagen SA, a state-controlled power generator.
The IGBC index of blue-chip stocks rose 0.87% to 15,805 points. Shares of Ecopetrol SA, which are the heaviest-weighted in the index, added 1.58% to COP4,170.
Isagen shed some of its big gains from Friday, slipping 1.1% to COP2,700. The company announced in November it is considering listing in the U.S. through an American Depositary Receipt next year.
The Colombian peso, meanwhile, weakened toward the COP2,000 to the dollar mark, ending at COP1,995.00 from COP1,935.00 Friday. (Dan Molinski / Dow Jones Newswires)
