By Kathryn Hardison

 

International stocks trading in New York closed higher Friday.

The S&P/BNY Mellon index of American depositary receipts rose 1.9% to 123.41. The European index increased 2% to 118.62, the Asian index rose 1.4% to 138.96, the Latin American index gained 3.5% to 196.35 and the emerging markets index increased 1.7% to 245.28.

Airbus SE and Flutter Entertainment PLC were among the companies with ADRs that traded actively.

ADRs of Airbus rose 1.9% after Amazon.com. Inc. said it is hiring Hawaiian Airlines to fly its packages on 10 rented Airbus SE jets around the U.S.

ADRs of Flutter Entertainment rose 1.7% after it said Chief Financial Officer Jonathan Hill will be stepping down from his role to a newly created position of group chief operating officer. The company said it has appointed InterContinental Hotels Group PLC CFO Paul Edgecliffe-Johnson as his successor.

ADRs of Adidas AG fell 4.1% following the German sportswear company's third profit warning of the year. The company said Thursday that it faces one-off costs ties to Russia, as well as the effects of the pandemic in China.

 

Write to Kathryn Hardison at kathryn.hardison@wsj.com

 

(END) Dow Jones Newswires

October 21, 2022 16:34 ET (20:34 GMT)

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