Measures by Colombia stock exchange may allow it to stay in JPMorgan index -president [Yahoo! Finance]
Ecopetrol S.A. American Depositary Shares (EC)
US:NYSE Investor Relations:
ecopetrol.com.co/wps/portal/web_es/ecopetrol-web/corporate-responsibility/sustainability/bank-of-best-practices/investors
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Source: Yahoo! Finance
could be enough for the country to hold onto its "emerging market" classification and stay in a key JPMorgan index, but more progress is needed, the stock exchange's president said. Last year JPMorgan warned Colombia could be excluded from its MSCI emerging markets index and be downgraded to a frontier market due to declining liquidity. The warning sparked a sharp drop in share prices across the stock exchange as a downgrade would drive away foreign investors guided by the bank's indexes. Just three Colombian stocks are included in JPMorgan's MSCI index; Bancolombia, Bancolombia Preferential and energy conglomerate ISA. The stock exchange has cut costs for issuing new shares, while companies have hired liquidity providers to promote them, among other measures, in a combined effort to boost liquidity, Colombian stock exchange chief executive Andres Restrepo said. "From our figures, we don't think the downgrade risk will materialize," Restrepo told Reuters late on Friday. "The
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News
- Ecopetrol makes second call to holders of its domestic public debt for an ordinary meeting of bondholders [Yahoo! Finance]Yahoo! Finance
- Ecopetrol makes second call to holders of its domestic public debt for an ordinary meeting of bondholdersPR Newswire
- Why This 1 Value Stock Could Be a Great Addition to Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Ecopetrol reports on the ordinary meetings of bondholders of domestic public debt [Yahoo! Finance]Yahoo! Finance
- Ecopetrol reports on the ordinary meetings of bondholders of domestic public debtPR Newswire
EC
Sec Filings
- 5/21/24 - Form 6-K
- 5/13/24 - Form 6-K
- 5/10/24 - Form 6-K
- EC's page on the SEC website