By Michael Tobin

International stocks trading in New York closed mostly higher on Thursday.

The S&P/BNY Mellon index of American depositary receipts rose 0.2% to 141.43. the Asian index improved 0.7% to 162.63 and the emerging markets index increased 0.5% to 304.72.

Meanwhile, the European index fell 0.02% to 132 and the Latin American index fell 0.3% to 245.73.

BT Group PLC (BT) and retailer Companhia Brasileira de Distribuição (CBD), also known as GPA, were among companies with ADRs that traded actively.

ADRs of BT Group fell 0.4% to $12.69 after French telecommunications company Orange said it plans to exit its stake in the company. Orange said it plans to sell about 248 million shares in BT, a roughly 2.5% stake in the firm. BT plans to buy back up to 80 million pounds worth of those shares.

ADRs of GPA rose 11% to $24.35 after the company said Thursday that it sent a preliminary offer to takeover Colombia's Almacenes Éxito SA. The move would call for Casino Guichard-Perrachon SA tendering its roughly 55% stake in Exito.

Write to Michael Tobin at michael.tobin@wsj.com

(END) Dow Jones Newswires

June 27, 2019 19:35 ET (23:35 GMT)

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