Colombia, Chile, and Peru’s stock exchanges will integrate fully in 2025
Colombia, Chile, and Peru’s stock exchanges will integrate fully in 2025, says Juan Pablo Córdoba, Regional Holding’s general manager.
Currently, the three markets operate independently but aim to create a single market.
It is a convergence process of operations in three currencies, to be fully integrated by early 2025.
The corporate integration into a single body for all three countries will take an estimated 18 to 24 months.
Santiago (BCS), Colombia (BVC), and Lima (BVL) stock exchanges approved the creation of the Holding at a shareholders’ meeting.
Shareholders elected a board of directors consisting of six Colombians, six Chileans, three Peruvians, and one Brazilian.
Juan Andrés Camus was appointed chairman, and Juan Pablo Córdoba was confirmed as general manager.
Only the registration of the company’s shares in the three stock markets remains to conclude the entity’s creation.
The main purpose of the Holding is to have greater liquidity and make the market more competitive, said Camus.
Camus added that a more liquid market for investors tends to minimize differences.
Operating with different transaction systems makes unification a significant challenge, leading to a broader, more efficient, lower-cost market.
Vice president of the Holding, José Fernando Romero, noted that the three stock exchanges represent a potentially more attractive market for global investments, with a market of 100 million people.
The integration is crucial to increase the liquidity and depth of the three countries’ markets, making the new entity a relevant player in the global stock market industry.
This will enhance the development and depth of capital markets, support entrepreneurship, and contribute to the countries’ economic development.
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Live Market IntelligenceColombia — Live Market Board
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Colombia — Live Market Board
-1.41%
187,206.89
-0.56%
63,924.77
-0.28%
11,220.10
-0.16%
3,098,898
-1.87%
2,589.69
-1.41%
59,373.28
-0.32%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| COLCAP | 2,589.69 | -1.41% | — | 9.04 | 9.05 | 9.02 | 4,133 |
| USD/COP | 3,140 | +0.03% | -22.04% | 3,139 | 3,141 | 3,105 | — |
| BRENT | 88.88 | -0.03% | +34.42% | 88.91 | 90.07 | 88.12 | 29,713 |
| WTI | 83.11 | -0.11% | +31.57% | 83.20 | 84.35 | 82.40 | 166,848 |
| ECOPETROL | 16.92 | -0.53% | +98.01% | 17.01 | 17.05 | 16.79 | 737,591 |
| BANCOLOMBIA | 95.87 | -2.18% | +96.15% | 98.01 | 100.36 | 95.73 | 188,740 |
| GRUPO AVAL | 5.40 | +2.66% | +76.89% | 5.26 | 5.49 | 5.32 | 146,447 |
| TECNOGLASS | 42.30 | -1.10% | -48.04% | 42.77 | 42.73 | 42.05 | 60,908 |
| CREDICORP | 375.17 | -0.49% | +49.60% | 377.00 | 384.43 | 372.27 | 88,375 |
| BUENAVENTURA | 34.45 | -1.02% | +88.07% | 34.80 | 35.62 | 34.33 | 275,831 |
| SOUTHERN COPPER | 193.97 | -0.26% | +104.01% | 194.48 | 199.36 | 192.59 | 367,102 |
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