ADRs End Higher, Braskem and Adidas Trade Actively
May 05 2023 - 6:53PM
Dow Jones News
By Sabela Ojea
International stocks trading in New York closed higher on
Friday.
The S&P/BNY Mellon index of American depositary receipts
climbed 1.8% to 151.90. The European index increased 1.7% to
151.93, the Asian index gained 1.7% to 166.77, the Latin American
index jumped 3.4% to 185.85 and the emerging markets index rose
1.3% to 275.89.
ADRs of Brazil's petrochemical company Braskem closed up 23% to
$9.17 after a report in Brazilian newspaper Valor said Abu Dhabi's
state-owned oil company would join private equity manager Apollo
Global Management in a bid to buy Braskem.
ADRs of Adidas closed up 8.3% to $94.20 after the sportswear
company said first-quarter sales remained stable on the year, and
high inventory levels have eased to some extent.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
May 05, 2023 19:38 ET (23:38 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Adidas (QX) (USOTC:ADDYY)
Historical Stock Chart
From Oct 2024 to Nov 2024
Adidas (QX) (USOTC:ADDYY)
Historical Stock Chart
From Nov 2023 to Nov 2024
