RIO Rio Tinto Limited

By Kathryn Hardison

International stocks trading in New York closed higher on Wednesday.

The S&P/BNY Mellon index of American depositary receipts rose 2.8% to 144.14. The European index increased 2.2% to 138.90, the Asian index rose 3.9% to 167.10, the Latin American index increased 2.9% to 190.88 and the emerging markets index increased 4.8% to 284.34.

Rio Tinto PLC and HSBC Holdings PLC were among the companies with ADRs that traded actively.

ADRs of Rio Tinto rose 1.2% after the world's largest iron-ore producer said it expects iron-ore shipments from its Australian mines to be steady in 2023, and for aluminum output to rise.

ADRs of HSBC rose 1.3% after the lender said it will close 114 branches in the U.K. from April as it shifts toward digital banking.

Write to Kathryn Hardison at kathryn.hardison@wsj.com

(END) Dow Jones Newswires

November 30, 2022 19:32 ET (00:32 GMT)

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