ADRs End Higher
November 08 2017 - 5:02PM
Dow Jones News
By Imani Moise
International stocks trading in New York closed higher on
Wednesday.
GlaxoSmithKline PLC (GSK) was among the companies with ADRs that
traded actively.
The BNY Mellon index of American depositary receipts rose 0.3%
to 151.03. The European index increased 0.2% to 139.2, the Asian
index improved 0.2% to 180.59, the Latin American index rose 1.5%
to 245.78 and the emerging markets index increased 0.2% to
326.34.
ADRs of GlaxoSmithKline rose 1.8% to $36.48 after the company
named one of the pharmaceutical industry's leading research
luminaries as its next chief scientific officer.
ADRs of ArcelorMittal (MT), the world's biggest steelmaker, fell
1% to $29 after the European Union said the company was under
antitrust investigation for its acquisition of troubled Italian
steel plant Ilva.
ADRs of Ericsson (ERIC) dropped 3.1% to $6.28 after the company
pushed back its 12% operating margin target.
ADRs of oil giant Total SA (TOT) fell 0.2% to $56.71 after
announcing a deal to buy French utility Engie SA's
liquefied-natural gas business for as much as $2 billion.
Write to Imani Moise at imani.moise@wsj.com
(END) Dow Jones Newswires
November 08, 2017 17:47 ET (22:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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