Basic HTML Version
5
Year-End 2015 Report
| Global DR Trends
Top Ten Most-Liquid Programs
1, 2
(As Measured by Trading Volume)
Top Ten Most-Liquid Programs
1
(As Measured by Trading Value)
DR Liquidity
(continued)
Issuer
Country
Exchange
2015 Volume
(DR Millions)
Petroleo Brasileiro SA
Brazil
NYSE
12,956
Vale SA
Brazil
NYSE
10,247
Sberbank of Russia PJSC
Russia
LSE
5,302
National Bank of Greece SA
Greece
OTC
4,489
Alibaba Group Holding Ltd
China
NYSE
4,326
Gazprom PAO
Russia
LSE
4,190
Nokia OYJ
Finland
NYSE
4,007
Itau Unibanco Holding SA
Brazil
NYSE
3,915
Ambev SA
Brazil
NYSE
3,914
Cemex SAB de CV
Mexico
NYSE
3,367
Issuer
Country
Exchange
2015 Value
(USD Billions)
Alibaba Group Holding Ltd
China
NYSE
$351
Baidu Inc
China
NASDAQ
$184
Petroleo Brasileiro SA
Brazil
NYSE
$85
Teva Pharmaceutical Industries Ltd
Israel
NYSE
$81
Royal Dutch Shell PLC
UK/Netherlands
NYSE
$81
JD.com Inc
China
NASDAQ
$73
Taiwan Semiconductor Manufacturing Co Ltd
Taiwan
NYSE
$70
BP PLC
UK
NYSE
$66
Vale SA
Brazil
NYSE
$58
Ctrip.com International Ltd
China
NASDAQ
$56
Source: Bloomberg and Depositary Data Interchange
Source: Bloomberg and Depositary Data Interchange
1
Data as of December 31, 2015.
2
DR trading volume has been unadjusted for certain corporate actions, including stock splits, stock dividends and rights offerings.