ADRs End Lower, Intesa Sanpaolo Trades Actively
February 03 2023 - 3:43PM
Dow Jones News
By Kathryn Hardison
International stocks trading in New York closed lower on
Friday.
The S&P/BNY Mellon index of American depositary receipts
fell 1.1% to 152.96. The European index decreased 0.6% to 145.02,
the Asian index fell 1.6% to 183.97, the Latin American index
dropped 1.9% to 190.82 and the emerging markets index decreased
2.2% to 306.61.
Intesa Sanpaolo SpA and NatWest Group PLC were among the
companies with ADRs trading actively.
ADRs of Intesa Sanpaolo fell 4.3% after the Italian lender said
a slide in dealmaking activities hit fourth-quarter fee income,
though profit and revenue beat expectations.
ADRs of NatWest Group declined 2.6% after the company said the
U.K. government has reduced its shareholding in the company to
43.97% from 44.98% previously.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
February 03, 2023 16:28 ET (21:28 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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