ADRs End Largely Higher; DBV Technologies, CNOOC Trade Actively
March 20 2018 - 6:38PM
Dow Jones News
International stocks trading in New York closed largely higher
Monday.
The BNY Mellon index of American depositary receipts rose 0.4%
to 152.40. The European index fell 0.1% to 138.00. The Asian index
rose 1% to 185.56. The Latin American index fell 0.4% to 265.04.
The emerging-markets index increased 0.7% to 344.65.
DBV Technologies (DBVT), CNOOC Ltd (CEO) and Grifols SA (GRFS)
were among those with ADRs that traded actively.
ADRs of Sinopec Shanghai Petrochemical Co. (SHI) rose 3.3% to
$62.25 as the company reported results for 2017, including a rise
in revenue and profit.
CNOOC Ltd (CEO) said today that its Weizhou 6-13 oilfield has
started production ahead of schedule. ADRs rose 3.3% to
$148.19.
DBV Technologies (DBVT), a clinical-stage biopharmaceutical
company, said it would issue and sell up to $150 million of new
ordinary shares, which may be in the form of American Depositary
Shares. The global offering will be comprised of a public offering
of ordinary shares in the form of ADSs in the United States, Canada
and certain countries outside of Europe and a private placement of
ordinary shares in Europe, including France. ADRs of the company
fell 2.7% to $22.01.
Spanish health-care company Grifols SA (GRFS) agreed to buy
Germany's Haema AG from investment company Aton GmbH for 220
million euros ($270.6 million), according to a regulatory filing on
Tuesday. ADRs of Grifols rose 1.3% to $21.09.
Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com
(END) Dow Jones Newswires
March 20, 2018 18:23 ET (22:23 GMT)
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