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Stock impact report

Polls close in polarized Colombia presidential election [Reuters (UK)]

Ecopetrol S.A. American Depositary Shares (EC) 
Company Research Source: Reuters
Polls close in polarized Colombia presidential election | Reuters 5 Min Read BOGOTA (Reuters) - Colombians voted on Sunday in a deeply divisive presidential runoff with the frontrunner vowing to alter a fragile peace deal and his rival promising to overhaul the economic model. After polls closed at 4 p.m. (2100 GMT), the electoral authority began counting votes. Ivan Duque, the business-friendly protégé of hardline former President Alvaro Uribe, held a 20-point lead in opinion polls before Sunday’s voting. He wants to change a peace deal he deems too lenient on Marxist FARC rebels, while keeping Colombia’s largely orthodox economic model. His opponent, leftist former guerrilla Gustavo Petro, has pledged to take on political elites, redistribute land to the poor and gradually eliminate the need for oil and coal in Latin America’s fourth-largest economy. “We’re between a rock and a hard place,” said financial planner Juan Jose Mojica, 21. “They’re two extremes that could destroy the dev Show less Read more
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