ADRs End Lower; AstraZeneca, British American Tobacco Trade Actively
December 09 2022 - 05:52PM
Dow Jones News
By Denny Jacob
International stocks trading in New York closed lower on
Friday.
The S&P/BNY Mellon index of American depositary receipts
ticked down 0.3% to 143.03. The European index edged down 0.2% to
138.10. The Asian index retreated 0.4% to 166.40. The Latin
American index lost 0.1% to 182.56, while the emerging-markets
index shed 0.9% to 280.87.
AstraZeneca PLC was among those whose ADRs traded actively.
The pharmaceutical giant's ADRs moved up 0.6% after the company
said Phase 1 trial data showed datopotamab deruxtecan continued to
demonstrate encouraging responses in patients with heavily
pretreated metastatic triple-negative breast cancer and disease
progression following standard treatment.
ADRs of British American Tobacco PLC rose 0.7% a day after the
tobacco company backed its 2022 guidance following a robust
performance from its vaping and oral tobacco business.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
December 09, 2022 17:37 ET (22:37 GMT)
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