By Denny Jacob

 

International stocks trading in New York closed mostly lower on Friday.

The S&P/BNY Mellon index of American depositary receipts edged down 0.4% to 131.52. The European index ticked down 0.1% to 121.94. The Asian index lost 1.1% to 160.89. The Latin American index gained 1.4% to 184.22, while the emerging-markets index sank 0.7% to 277.93.

ArcelorMittal SA was among those whose ADRs traded actively.

The steelmaker rose 1.1% after the company said it plans to close two of its plants in Germany amid soaring electricity costs.

Development-stage biotechnology company Benitec Biopharma Inc. declined 3.6% after it issued operational updates and posted a wider loss in full year 2022.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

September 02, 2022 18:21 ET (22:21 GMT)

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