ADRs End Higher; ArcelorMittal Trades Actively
06 4월 2018 - 8:20AM
Dow Jones News
International stocks trading in New York closed higher on
Thursday.
The BNY Mellon index of American depositary receipts increased
0.8% to 151.84. The European index rose 1.1% to 139.51. The Asian
index improved 0.2% to 178.72. The Latin American index gained 0.9%
to 270.96. And the emerging-markets index added 0.4% to 333.09.
ArcelorMittal (MT, MT.FR, MT.AE, ACM-YY) was among those with
ADRs that traded actively.
ADRs in oil majors gained Thursday amid easing fears of a global
trade standoff. BP PLC (BP, BP.LN) rose 2.2% to $41.92, and Total
SA (TOT, FP.FR) increased 1.7% to $59.70.
ArcelorMittal gained 4.7% to $32.17 Thursday as the U.S. and
China signaled they would be open to negotiating a resolution to
their standoff over tariffs. ArcelorMittal, which has 23 production
sites in the U.S., has repeatedly called for tougher measures
against cheap imports from China, but a full-blown trade war would
weigh heavily on global metals demand.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
April 05, 2018 19:05 ET (23:05 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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