There are more than a dozen Mexico ADRs trading on the NYSE or the NASDAQ representing important sectors of the Mexican economy with Carlos Slim’s America Movil SAB de CV and cement giant Cemex SAB de CV (NYSE: CX) probably being the most well known Mexican stocks outside of Mexico. Investors should note Coca-Cola FEMSA SAB de CV (NYSE: KOF) – the largest franchise Coca-Cola bottler in the world with operations throughout Latin America (although its largest and most profitable market is in Mexico). There are also a couple of Mexican ADRs that own or operate airports and other infrastructure.
Potentially interesting Mexican ADRs trading on the over-the-counter (OTC) market includes Grupo Bimbo S.A. (OTCMKTS: BMBOY), a multinational bread and bakery company with a presence in over 33 countries located in the Americas, Europe, Asia and Africa; and the Mexican subsidiaries of major US based MNCs such as Kimberly-Clark de Mexico SAB de CV (OTCMKTS: KCDMY) and Wal-mart de Mexico SAB de CV (OTCMKTS: WMMVY). Leading corn flour producer Grupo Industrial Maseca SA de CV (OTCMKTS: GINBF) and Corona Extra maker Grupo Modelo SAB de CV (OTCMKTS: GPMCF) are now delisted from the OTC.
Aside from Mexico ADRs, its worth mentioning the two Mexico closed-end funds: The Mexico Equity and Income Fund (NYSE: MXE) and the Mexico Fund Inc (NYSE: MXF). In addition, the Herzfeld Caribbean Basin Fund, Inc (NASDAQ: CUBA) on our Caribbean closed-end fund list would have significant exposure to Mexico stocks.
Finally, investors should check out our Mexico ETF list, Latin America ETF list (region wide), Caribbean ETF list and Central America ETF list pages.
Note: Stocks delisted from the OTC (whether due to mergers, acquisitions or for other reasons) have been left in the table (as their websites still provide a good feel for the company and the local market) and may still trade on local, regional or European (e.g. London) stock exchanges. They may also be holdings of country or region specific ETFs, closed-end funds or Indices.
List of Mexico ADRs Trading on Major US Stock Exchanges & the Over-the-Counter (OTC) Exchange
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Note: If there are any ADRs to add or remove from this list or there are bad links, please write a note in the comments section so it can be fixed. Likewise, adding any other comments or advice would also be appreciated.
The Bolsa Mexicana de Valores (BMV)
Founded in 1933, the Mexican Stock Exchange or Bolsa Mexicana de Valores (BMV) is Mexico’s primary stock exchange. Its also the second largest stock exchange in Latin America after Sao Paulo Brazil’s B3 (BM&FBOVESPA).
The Institutional Stock Exchange or Bolsa Institucional de Valores, commonly known as BIVA, is Mexico’s second stock exchange. The BIVA began operations on July 25, 2018, and trades the same instruments as the BMV: Equities, debts, warrants and some Mexican-specific instruments such as CKDs and FIBRAs
Mexico Stocks and Investing Resources
Here are some useful and mostly English news resources for investing in Mexican ADRs or stocks or about Mexico in general:
- América Economía (Mexico)
- Diario Oficial de la Federación
- El Financiero
- El Universal
- Expansión
- La Jornada
- Mexico News Daily
- MEXICONOW
- Notimex
- Proceso
- Reforma
- The News
For additional resources for investing in Mexico ADRs or stocks, check out all of our Mexico tagged articles/links.