ADRs End Lower; Henkel, Novo Nordisk Trade Actively

By Sabela Ojea

International stocks trading in New York closed lower on Tuesday.

The S&P/BNY Mellon index of American depositary receipts fell 1.4% to 149.21. The European index lost 1.7% to 144.40, the Asian index declined 1% to 173.94, the Latin American index dropped 1.8% to 187.54 and the emerging markets index decreased 1.5% to 286.86.

ADRs of Henkel AG & Co. KGaA slid 3.9% after the German consumer-products firm reported a sequential deceleration in group volumes in its latest quarter.

ADRs of Novo Nordisk AS fell 0.6% to $143.92 after the Danish pharmaceutical company said it made two executive management appointments.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

March 07, 2023 17:45 ET (22:45 GMT)

Henkel AG and Company KGAA (PK) (USOTC:HENKY)
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