ADRs End Mostly Higher, Royal KPN Trades Actively
January 31 2023 - 4:52PM
Dow Jones News
By Kathryn Hardison
International stocks trading in New York closed mostly higher on
Tuesday.
The S&P/BNY Mellon index of American depositary receipts
rose 0.5% to 154.76. The European index increased 0.8% to 146.97.
The Asian index fell 0.05% to 184.53. The Latin American index rose
1.9% to 199.89 and the emerging markets index increased 0.2% to
309.93.
Royal KPN NV and Deutsche Lufthansa AG were among the companies
with ADRs that traded actively.
ADRs of Royal KPN increased 2.2% after the Dutch
telecommunications operator reported a 21% rise in fourth-quarter
net profit that beat forecasts. The company also said it has
started a new 300 million-euro ($326 million) share buyback
program.
ADRs of Deutsche Lufthansa increased 1.5% after the German
carrier said that Brussels Airlines' Chief Executive Peter Gerber
will step down from his role and leave the group.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
January 31, 2023 17:37 ET (22:37 GMT)
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