30
Citi Depositary Receiptsā
Top Ten Most-Liquid Programs
1, 3
(As Measured by Trading Volume)
Issuer
Country Exchange
2015
Volume
(DR Millions)
Petroleo Brasileiro SA
Brazil
NYSE
12,956
Vale SA
Brazil
NYSE
10,247
Ambev SA
Brazil
NYSE
3,915
Itau Unibanco Holding SA Brazil
NYSE
3,914
Cemex SAB de CV
Mexico
NYSE
3,367
Banco Bradesco SA
Brazil
NYSE
2,716
Gerdau SA
Brazil
NYSE
1,418
America Movil SAB de CV Mexico
NYSE
1,018
Cia Energetica de Minas
Gerais
Brazil
NYSE
935
Telefonica Brasil SA
Brazil
NYSE
698
Source: Bloomberg and Depositary Data Interchange
Top Ten Most-Liquid Programs
1
(As Measured by Trading Value)
Issuer
Country Exchange
2015
Value
(USD Billions)
Petroleo Brasileiro SA
Brazil
NYSE
$85
Vale SA
Brazil
NYSE
$58
Itau Unibanco Holding SA Brazil
NYSE
$39
Cemex SAB de CV
Mexico
NYSE
$29
Banco Bradesco SA
Brazil
NYSE
$25
Ambev SA
Brazil
NYSE
$22
America Movil SAB de CV Mexico
NYSE
$20
Grupo Televisa SAB
Mexico
NYSE
$15
Telefonica Brasil SA
Brazil
NYSE
$9
Fomento Economico
Mexicano SAB de CV
Mexico
NYSE
$9
Source: Bloomberg and Depositary Data Interchange
Top Ten Volume Movers
1, 2, 3
Volume (DR Millions)
Issuer
Country Exchange 2014 2015
Increase/
(Decrease)
Vale SA
Brazil
NYSE 7,923 10,247
2,323
Petroleo Brasileiro SA Brazil
NYSE 10,968 12,956
1,989
Banco Santander
Brasil SA
Brazil
NYSE 1,757
346
(1,411)
Itau Unibanco Holding SA Brazil
NYSE 3,423 4,305
882
Cia Siderurgica
Nacional SA
Brazil
NYSE 1,310
597
(713)
Ambev SA
Brazil
NYSE 3,208 3,915
707
Banco Bradesco SA Brazil
NYSE 2,682 3,259
577
Cemex SAB de CV Mexico NYSE 3,024 3,502
478
Cia Energetica de
Minas Gerais
Brazil
NYSE 1,361
935
(426)
Oi SA
Brazil
NYSE 358
658
300
Source: Bloomberg and Depositary Data Interchange
Top Ten Value Movers
1, 2
Value (USD Billions)
Issuer
Country Exchange 2014 2015
Increase/
(Decrease)
Petroleo Brasileiro SA Brazil
NYSE $146
$85
($62)
Vale SA
Brazil
NYSE
$92
$58
($34)
Banco Santander Brasil SA Brazil
NYSE
$11
$2
($9)
America Movil SAB de CV Mexico NYSE
$28
$20
($9)
YPF SA
Argentina NYSE
$15
$8
($7)
Cemex SAB de CV Mexico NYSE
$36
$29
($7)
Banco Bradesco SA Brazil
NYSE
$32
$25
($7)
Cia Energetica de Minas
Gerais
Brazil
NYSE
$9
$3
($6)
Itau Unibanco Holding SA Brazil
NYSE $44
$39
($5)
Gerdau SA
Brazil
NYSE
$8
$3
($5)
Source: Bloomberg and Depositary Data Interchange
1
Data as of December 31, 2015.
2
Absolute change in volume/value.
3
DR trading volume has been unadjusted for certain corporate actions, including stock splits, stock dividends and rights offerings.
Latin America Regional Snapshot