ADRs End Mostly Lower; BASF and Diageo Trade Actively
17 Enero 2023 - 04:54PM
Noticias Dow Jones
By Kathryn Hardison
International stocks trading in New York closed mostly lower on
Tuesday.
The S&P/BNY Mellon index of American depositary receipts
edged 0.03% lower to 154.18. The European index increased 0.2% to
147.23, the Asian index fell 0.4% to 182.62, the Latin American
index increased 0.5% to 195.85 and the emerging markets index
decreased 0.4% to 307.35.
BASF SE and Diageo PLC were among the stocks that traded
actively.
ADRs of BASF declined 3.5% after the German chemicals giant said
it expects to post a 2022 net loss after booking impairments worth
7.3 billion euros ($7.88 billion) from the deconsolidation of
Russian activities following Moscow's invasion of Ukraine.
ADRs of Diageo gained 2.5% after the liquor maker said it has
agreed to acquire Don Papa Rum, a dark rum from the Philippines,
for a potential total consideration of up to EUR437.5 million.
ADRs of New Oriental Education & Technology Group Inc. slid
12% after the provider of private educational services in China
said its second-quarter revenue declined 3% from the year
prior.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
January 17, 2023 17:39 ET (22:39 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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