ADRs End Mostly Higher, Baidu and BP Trade Actively

By Kathryn Hardison

International stocks trading in New York closed mostly higher on Tuesday.

The S&P/BNY Mellon index of American depositary receipts rose 1.4% to 153.23. The European index increased 1.5% to 145.98, the Asian index rose 1.7% to 183.37, the Latin American index dropped 1% to 188.04 and the emerging markets index was up 1.1% to 304.87.

Baidu Inc. and BP PLC were among the companies with ADRs trading actively.

ADRs of Baidu increased 12% after the Chinese search-engine operator said it plans to launch a ChatGPT-like robot next month called Ernie Bot.

ADRs of BP increased 8.4% after the London-based company became the latest oil company to post record annual profit last year.

ADRs of Nintendo Co. fell 3.8% after the Japanese videogame company lowered its fiscal-year earnings forecast as it expects weaker sales of its Switch consoles and software.

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

(END) Dow Jones Newswires

February 07, 2023 17:48 ET (22:48 GMT)

Nintendo (PK) (USOTC:NTDOY)
Historical Stock Chart
From Oct 2024 to Nov 2024