ADRs End Higher, Vodafone Trades Actively
February 13 2023 - 4:38PM
Dow Jones News
By Kathryn Hardison
International stocks trading in New York closed higher
Monday.
The S&P/BNY Mellon index of American depositary receipts
rose 1.2% to 154.83. The European index increased 1.3% to 148.55,
the Asian index was up 0.9% at 183.17, the Latin American index
gained 1.9% to 191.16 and the emerging markets index rose 1.3% to
305.36.
Vodafone Group PLC and Compagnie Generale des Etablissements
Michelin were among the companies with ADRs trading actively.
ADRs of Vodafone increased 2.1% after Liberty Global PLC said it
acquired a 4.92% stake in the European telecommunications company
via a share placement worth about 225 million pounds ($273.2
million).
ADRs of Compagnie Generale des Etablissements Michelin rose 1.2%
after the French tire maker said profit rose in 2022, though it
missed expectations on a turbulent market and an inflationary
environment.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
February 13, 2023 17:23 ET (22:23 GMT)
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