ADRs End Higher; ABB, Barclays Trade Actively
March 16 2023 - 6:29PM
Dow Jones News
By Denny Jacob
International stocks trading in New York closed higher on
Thursday.
The S&P/BNY Mellon index of American depositary receipts
moved up 1.5% to 143.80. The European index edged up 1.2% to
139.30. The Asian index rose 2.1% to 167.27. The Latin American
index gained 1.4% to 179.19, while the emerging-markets index
advanced 2.1% to 278.22.
ABB Ltd. was among those whose ADRs traded actively.
The Swiss technology company gained 1.8% on plans to expand its
existing robotics headquarters and factory in Michigan, which is
expected to be completed in November.
Barclays PLC gained 2.8% as European banks rebounded after news
that Credit Suisse Group AG is borrowing from the Swiss National
Bank to strengthen liquidity reverberated through the sector.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
March 16, 2023 19:14 ET (23:14 GMT)
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