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COLCAP is the main stock market index of the Colombia Stock Exchange since November 2013 when it replaced IGBC as the leading index for Colombia. It consists of the 20 most actively traded shares of the market. The adjusted Market Capitalization for each company listed on the COLCAP is reviewed periodically to determine its inclusion in the index.

The COLCAP index was inaugurated on January 5th, 2008 with an initial value of 1,000.