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AncientSion's avatar

I actually own Petrobras.A.

You could have given a small remark in regards to the types of ADR available.

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Kew's avatar

No mention of Ecopetrol. Thoughts?

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Twenties Research's avatar

No view. It's not in the MSCI top-10 (see footnote #5) nor the Colombia index. The former could be because of float. I don't know the reason for the latter. Thanks for flagging it.

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Tonyforever's avatar

EC has a market capitalization of ~$20 billion. But 88.5% of it is owned by Colombia government. So, it can't have a big weight in the EM energy index.

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Kew's avatar

Ok thanks

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