Apr 25
Sometimes it is easier to just invest in ADRs that are the most traded. Usually stocks with high trading volumes tend to be either liked/disliked by many market participants. Highly liquid ADR stocks tend to be usually large caps and hold leadership positions in their sectors.
The following list shows the top five Latin American ADR stocks by volume. Petrobras (PBR) of Brazil is the most traded ADR in the US.No wonder PBR is in this list.
| S.No. | Company | Ticker | Sector | Country |
|---|---|---|---|---|
| 1 | Companhia Vale do Rio Doce | RIO | Mining | Brazil |
| 2 | Banco Bradesco | BBD | Banks | Brazil |
| 3 | Petroleo Brasileiro | PBR | Oil & Gas Producers | Brazil |
| 4 | America Movil | AMX | Mobile Telecom. | Mexico |
| 5 | Banco Itau | ITU | Banks | Brazil |
Note: Volume is defined as 200-Day Average Volume as of April 24,2008.
Technorati Tags: adr, latin, brazil, bbd, rio
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