The following ten stocks are the most traded ADRs on the OTCQX market as of market close yesterday:
- Roche Holding (OTC: RHHBY)
- Axa (OTC:AXAHY)
- BG Group plc (OTC:BRGYY)
- Wal-Mart De Mexico (OTC: WMMVY)
- Imperial Tobacco Group plc (OTC:ITYBY)
- Allianz (OTC:AZSEY)
- BASF AG (OTC:BASFY)
- Marks & Spencer Group (OTC: MAKSY)
- Akzo Nobel NV (OTC: AKZOY)
- Adidas AG (OTC:ADDYY)
AXA of France recently delisted its common shares from the NYSE and moved to the OTC market. Among the stocks listed, BASF and Akzo Nobel are some of the large chemical firms in the world. All the OTC equities shown above are European except Wal-Mart Mexico’s ADR. This shows U.S. investors’ interest in European stocks though they are traded on the over-the-counter exchanges. It must be noted however that most of these companies are multi-billion dollar companies though they trade on the OTC markets.
