ADRs End Higher, ABB and AngloGold Trade Actively
20 September 2022 - 01:12AM
Dow Jones News
By Denny Jacob
International stocks trading in New York closed higher on
Monday.
The S&P/BNY Mellon index of American depositary receipts
edged up 0.6% to 130.79. The European index ticked up 0.1% to
122.21. The Asian index moved up 0.9% to 157.71. The Latin American
index gained 3.3% to 186.08, while the emerging-markets index
advanced 1.5% to 273.18.
ABB Ltd. was among those whose ADRs traded actively.
The Swiss technology company rose 1% after it said it will
acquire RCP's PowerTech Converter business for an undisclosed sum,
which it expects to complete in the fourth quarter.
AngloGold Ashanti Ltd. rose 1.9% after precious metals producer
Coeur Mining Inc. agreed to sell about 35,500 acres in South Nevada
to a subsidiary of the gold-mining company for as much as $200
million based on the amount of gold found.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
September 19, 2022 18:57 ET (22:57 GMT)
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