ADRs End Higher, Ambev and TC BioPharm Trade Higher
March 28 2023 - 6:46PM
Dow Jones News
By Sabela Ojea
International stocks trading in New York closed higher on
Tuesday.
The S&P/BNY Mellon index of American depositary receipts
increased 1% to 147.98. The European index rose 0.3% to 143.39, the
Asian index jumped 2% to 172.09, the Latin American index climbed
2.2% to 182.04, and the emerging markets index surged 2.8% to
287.87.
ADRs of Ambev SA closed up 4.5% at $2.78 after rival Brazilian
beer brewer Cervejaria Petropolis SA was granted protection from
its creditors.
ADRs of TC BioPharm (Holdings) PLC fell after the biotechnology
company priced a public offering of 3.4 million American depositary
shares, series C warrants to buy up to 3.4 million ADS at $1.60
each, and associated series C warrants.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
March 28, 2023 19:31 ET (23:31 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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