ADRs End Mostly Higher, GSK and Erste Group Bank Trade Actively
08 11월 2022 - 8:25AM
Dow Jones News
By Kathryn Hardison
International stocks trading in New York closed mostly higher on
Monday.
The S&P/BNY Mellon index of American depositary receipts
rose 0.3% to 129.13. The European index increased 0.6% to 126.62,
the Asian index rose 0.4% to 142.78, the Latin American index fell
3.1% to 188.94 and the emerging markets index dropped 0.4% to
245.72.
GSK PLC and Erste Group Bank AG were among the companies with
ADRs that traded actively.
ADRs of GSK fell 3.2% after the drug company reported a setback
in advanced trials of a treatment for bone-marrow cancer. The
company said that its Dreamm-3 Phase 3 study in patients with
relapsed or refractory multiple myeloma didn't meet its primary
endpoint of progression-free survival. The company said additional
trials will continue and further data from the studies are
anticipated in the first half of 2023.
ADRs of Erste Group Bank rose 2.1% after the Austrian bank said
it has signed a contract to potentially acquire the active loan
portfolio of Russian bank Sberbank's Czech arm in liquidation.
ADRs of Vinci SA fell 1.6% after the French infrastructure
company said its construction subsidiary has been summoned to court
over charges relating to a complaint about working conditions at
its sites in Qatar.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
November 07, 2022 18:10 ET (23:10 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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