Looking for ADRs: QA. (Ask B.E.).I am looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a list of all companies that have ADRs (American Depository Receipts) and trade on exchanges in sub-Saharan African countries. Where can I find this? --I. McGant B.E. Bulletin Board American Depository Receipts are negotiable certificates that are used for trading foreign securities held in American banks. (There are Global Depository Receipts as well.) Many major banks including The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , Citibank, and JP Morgan Chase hold ADRs and have Websites that will give you information on the thousands of issues that are traded in the U.S. Since you specifically asked for information on ADRs from sub-Saharan African countries, check out The Bank of New York's depository receipts directory at http://160.254.123.37/dr_directory .jsp. The site boasts it has the most complete directory of depository receipts in the world, and you can search by bank (depository), exchange, and country or region of the world. Investing in ADRs from Sub-Saharan African countries is very risky, and I would encourage you to seek the advice of a seasoned investment advisor before you make any purchases. You might want to consider researching Sasol Ltd. (Nasdaq: SASOY), a natural gas and petroleum distributor in South Africa, which has plans to construct a new natural gas processing Natural gas processing plants, or fractionators, are used to purify the raw natural gas extracted from underground gas fields and brought up to the surface by gas wells. The processed natural gas, used as fuel by residential, commercial and industial consumers, is almost pure plant in the Middle Eastern country of Qatar, as well as researching Ashanti Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. Co. Ltd. (NYSE NYSE See: New York Stock Exchange : ASL ASL - Algebraic Specification Language ), a mining and minerals concern in Ghana, which seems to have righted itself after some financial troubles in 2001. For general information on ADRs, try www.adr.com, a site sponsored by JPMorgan Chase. You'll find news on world markets and the top-performing ADRs. Mail your money management questions to Ask B.E., BLACK ENTERPRISE, 130 Fifth Ave., New York, NY 10011, or send an e-mail to scottm@blackenterprise.com. |
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