Our multi currency portfolio course is studying seven equities that have performed well during the November 2007 to March 2008 global stock market downturn.
The multi currency shares are
Samsung Electronics-GDR COM
Vestas Wind Systems
Kurita Water Industr.
Novo Nordisk B
Here is how these multi currency shares performed from November 2007 to April 2008.
Share Portfolio Invested Val. Apr.
Samsung Elec Blue Chip 50,000 58,458
Adidas AG Blue Chip 50,000 52,183
Vestas Wind Syst. Green 51,000 63,250
Kurita Water Ind. Green 51,000 54,937
Hyflux Ltd Green 51,000 53,127
ABB Ltd Infrastructure 50,000 52,005
Novo Nordisk Danish Health 50,000 56,294
Today’s multi currency update begins this review by looking at ABB Ltd in the infrastructure portfolio.
The Infrastructure Portfolio invested $50,000 in ABB shares in November 2007. That investment was worth $52,005, last week, an increase of 4% during the last six months which have been among the most difficult for equity markets in decades.
ABB is a huge multi currency company that operates in more than 100 countries and has offices in 87.
The company is headquartered in Zürich, and operates mainly in power and automation technology. ABB is one of the largest engineering conglomerate in the world with approximately 112,000 employees.
ABB is truly multi currency and its shares trade on the Swiss Exchange, Stockholm Stock Exchange and New York Stock Exchange.
You can read the entire multi currency update #17 as a Multi Currency Portfolios Course subscriber.
Learn more about eurobond share investing October 3-5 at International Investing & Business Made EZ North Carolina