ADRs Rise Friday
October 04 2019 - 3:52PM
Dow Jones News
By Allison Prang
International stocks trading in New York closed higher on
Friday.
GOL Linhas Aéreas Inteligentes S.A. and BP PLC were among the
companies with ADRs that traded actively.
The S&P/BNY Mellon index of American depositary receipts
rose 0.7% to $135.32. The European index increased 0.7% to $124.51,
the Asian index improved 0.2% to $161.68, the Latin American index
rose 2.2% to $222.45 and the emerging markets index increased 0.6%
to $292.22.
ADRs of GOL Linhas Aéreas Inteligentes S.A. rose 2.8% to $16.37.
The Brazilian airline company late Thursday released preliminary
traffic numbers for last month and said total supply rose 11%.
Demand rose 15.5%. The company said departures climbed 10.1% and
seats rose 10.7%.
ADRs of BP PLC rose 1.6% $36.96. The company said Bob Dudley,
its chief executive officer, is stepping down after BP reports its
fiscal-year results Feb. 4. The company said he will retire at the
end of March. The CEO of BP's upstream division, Bernard Looney,
will become CEO Feb. 5, BP said. He will also join the company's
board.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
October 04, 2019 16:37 ET (20:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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