ADRs End Lower, Carrefour and Nestle Trade Actively

By Sabela Ojea

International stocks trading in New York closed lower on Wednesday.

The S&P/BNY Mellon index of American depositary receipts fell 0.7% to 145.16. The European index declined 0.6% to 141.36, the Asian index lost 0.8% to 167.75, the Latin American index edged down 0.6% to 177.18 and the emerging markets index decreased 0.7% to 278.77.

Carrefour S.A. ADRs were up 1% after the French grocer said it is proposing an extension of Chairman and Chief Executive Alexandre Bompard's term at a meeting of shareholders in May.

Nestle S.A. saw its ADRs rise 1.2% after the Swiss food and drink conglomerate said it is investing in a Ganado solar-plus-storage project in Texas that will add 208 megawatts of electricity to U.S. power grid.

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

(END) Dow Jones Newswires

March 22, 2023 18:58 ET (22:58 GMT)

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