ADRs End Mostly Up; Shire Trades Actively
February 16 2017 - 4:58PM
Dow Jones News
International stocks trading in New York closed mostly higher on
Thursday.
The BNY Mellon index of American depositary receipts edged up
0.15% to 133.68. The European index improved 0.27% to 125.04 and
the Asian index increased 0.20% to 152.63.
Meanwhile, the Latin American index fell 1.1% to 232.72, and the
emerging-markets index eased 0.08% to 272.23.
Shire PLC (SHPG, SHP.LN) was among the companies with ADRs that
traded actively.
AstraZeneca PLC (AZN, AZN.LN), BP PLC (BP, BP.LN) and Royal
Dutch Shell PLC (RDSA, RDSA.LN, RDSB, RDSB.LN) were among the
companies with ADRs trading in New York that began trading
ex-dividend. The ex-dividend date is the usually-day-long period in
which investors cannot buy a stock and still receive its dividend,
said Accendo Markets analyst Michael van Dulken. ADRs of
AstraZeneca fell 0.28% to $28.76, BP's fell 0.36% to $33.68, and
Royal Dutch Shell's fell 0.77% to $52.96.
Dublin-based drug maker Shire's fourth-quarter profit surged as
its recently acquired Baxalta business added about $1.8 billion in
revenue. ADRs rose 2.6% to $178.70.
Turkey's biggest mobile phone operator Turkcell's (TKC,
TCELL.IS) revenue and earnings before interest, taxes, depreciation
and amortization, or Ebitda--a common measure of cash flow--beat
analysts' consensus in the most recent period. ADRs rose 2.3% to
$7.72.
(END) Dow Jones Newswires
February 16, 2017 16:43 ET (21:43 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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