ADRs End Mostly Higher, Carnival and AMTD Digital Trade Actively
June 27 2023 - 5:30PM
Dow Jones News
By Denny Jacob
International stocks trading in New York closed mostly higher on
Tuesday.
The S&P/BNY Mellon index of American depositary receipts
edged up 0.9% to 153.57. The European index ticked up 0.7% to
148.50. The Asian index climbed 1.6% to 176.70. The Latin American
index moved down 0.3% to 207.01, while the emerging-markets index
rose 1.4% to 297.17.
Carnival was among those whose ADRs traded actively.
The global cruise and vacation company gained 9.9%, rebounding
from Monday's selloff that came as the company said costs have been
climbing and are expected to exceed previous estimates for the
year. However, Carnival also reported its loss narrowed while
revenue doubled in its latest quarter, topping analysts'
forecasts.
AMTD Digital moved up 7.8% a day after it confirmed certain
parties won't sell any shares they own in the digital solutions
application developer in the open market before August 2025.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
June 27, 2023 18:15 ET (22:15 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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