MGDDY Michelin Compagnie Generale Des Etablissements Michelin (PK)

By Kathryn Hardison

International stocks trading in New York closed higher Monday.

The S&P/BNY Mellon index of American depositary receipts rose 1.2% to 154.83. The European index increased 1.3% to 148.55, the Asian index was up 0.9% at 183.17, the Latin American index gained 1.9% to 191.16 and the emerging markets index rose 1.3% to 305.36.

Vodafone Group PLC and Compagnie Generale des Etablissements Michelin were among the companies with ADRs trading actively.

ADRs of Vodafone increased 2.1% after Liberty Global PLC said it acquired a 4.92% stake in the European telecommunications company via a share placement worth about 225 million pounds ($273.2 million).

ADRs of Compagnie Generale des Etablissements Michelin rose 1.2% after the French tire maker said profit rose in 2022, though it missed expectations on a turbulent market and an inflationary environment.

Write to Kathryn Hardison at kathryn.hardison@wsj.com

(END) Dow Jones Newswires

February 13, 2023 17:23 ET (22:23 GMT)

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