ADRs Push High
April 26 2018 - 6:29PM
Dow Jones News
By Imani Moise
International stocks trading in New York closed higher on
Thursday, and banks were among the companies with ADRs that traded
actively.
The BNY Mellon index of American depositary receipts rose 0.6%
to $152.77. The European index increased 0.5% to 141.49, the Asian
index improved 0.5% to 178.06, the Latin American index rose 1.2%
to 266.1, and the emerging markets index increased 1.1% to
327.63.
ADRs of Barclays PLC (BCS) dropped 1.3% to $11.85 after the bank
posted a net loss on for its first quarter on the back of
litigation and other costs.
ADRs of Deutsche Bank AG (DB) fell 1.8% to $14.34 after the
German bank reported a 79% decrease in profit, well below analysts'
expectations.
ADRs of Baidu Inc. (BIDU) jumped 3.2% to $238.69 after the
Chinese internet giant blew past expectations in its earnings
report.
ADRs of Shire PLC (SHPG) gained 1.5% to $160.76 after the
Dublin-based pharmaceutical company reported a 47% jump in profit
for its first quarter.
Write to Imani Moise at imani.moise@wsj.com
(END) Dow Jones Newswires
April 26, 2018 18:14 ET (22:14 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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