26
Citi Depositary Receiptsā
Top Ten Most-Liquid Programs
1, 3
(As Measured by Trading Volume)
Issuer
Country Exchange
2015
Volume
(DR Millions)
National Bank of
Greece SA
Greece
OTC
5,302
Sberbank of Russia PJSC
Russia
LSE
4,487
Gazprom PAO
Russia
LSE
4,190
Nokia OYJ
Finland
NYSE
4,007
ArcelorMittal
Luxembourg NYSE
2,019
Banco Santander SA
Spain
NYSE
1,863
Eurobank Ergasias SA
Greece
OTC
1,795
BP PLC
UK
NYSE
1,788
Alcatel-Lucent
France
NYSE
1,689
Rosneft OAO
Russia
LSE
1,624
Source: Bloomberg and Depositary Data Interchange
Top Ten Most-Liquid Programs
1
(As Measured by Trading Value)
Issuer
Country Exchange
2015
Value
(USD Billions)
Teva Pharmaceutical
Industries Ltd
Israel
NYSE
$81
BP PLC
UK
NYSE
$66
Royal Dutch Shell PLC
UK/
Netherlands
NYSE
$57
Anheuser-Busch InBev
SA/NV
Belgium NYSE
$49
Shire PLC
Ireland
NASDAQ
$44
Novartis AG
Switzerland NYSE
$44
GlaxoSmithKline PLC
UK
NYSE
$41
Vodafone Group PLC
UK
NASDAQ
$33
Rio Tinto PLC
UK
NYSE
$30
Nokia OYJ
Finland
NYSE
$29
Source: Bloomberg and Depositary Data Interchange
Top Ten Volume Movers
1, 2, 3
Volume (DR Millions)
Issuer
Country Exchange 2014 2015
Increase/
(Decrease)
National Bank of
Greece SA
Greece
OTC 1,088 5,302 4,214
Gazprom PAO
Russia
LSE 7,098 4,190 (2,909)
VTB Bank PJSC
Russia
LSE 3,698 1,385 (2,313)
Eurobank Ergasias SA Greece
OTC
132 1,795 1,663
Rosneft OAO
Russia
LSE
2,481
1,624 (857)
Vodafone Group PLC
UK
NASDAQ 1,663 958 (705)
Nokia OYJ
Finland
NYSE 4,689 4,007 (681)
ArcelorMittal
Luxembourg NYSE 1,376 2,019
642
Sberbank of Russia
PJSC
Russia
LSE 5,070 4,487 (583)
Alcatel-Lucent
France
NYSE 2,244 1,689 (555)
Source: Bloomberg and Depositary Data Interchange
Top Ten Value Movers
1, 2
Value (USD Billions)
Issuer
Country Exchange 2014 2015
Increase/
(Decrease)
Vodafone Group PLC
UK
NASDAQ $67 $33
($34)
Gazprom PAO
Russia
LSE
$52 $20
($32)
AstraZeneca PLC
UK
NYSE
$54 $24
($29)
Shire PLC
Ireland NASDAQ $64 $44
($20)
Sberbank of Russia
PJSC
Russia
LSE
$42 $23
($19)
Teva Pharmaceutical
Industries Ltd
Israel
NYSE $64 $81
$17
Lukoil PJSC
Russia
LSE
$38 $21
($17)
Anheuser-Busch
InBev SA/NV
Belgium NYSE
$34 $49
$15
Royal Dutch Shell
PLC
UK/
Netherlands
NYSE $44 $57
$14
Novartis AG
Switzerland NYSE
$33 $44
$11
Source: Bloomberg and Depositary Data Interchange
1
Data as of December 31, 2015.
2
Absolute change in DR trading volume/value.
3
DR trading volume has been unadjusted for certain corporate actions, including stock splits, stock dividends and rights offerings.
EMEA Regional Snapshot