ADRs End Higher, Adaptimmune Therapeutics and Alibaba Trade Actively
12 April 2023 - 12:33AM
Dow Jones News
By Denny Jacob
International stocks trading in New York closed higher on
Tuesday.
The S&P/BNY Mellon index of American depositary receipts
edged up 0.5% to 153.28. The European index ticked up 0.2% to
150.42. The Asian index moved up 0.5% to 173.51. The Latin American
index advanced 4% to 193.22, while the emerging-markets index
climbed 0.9% to 292.26.
Adaptimmune Therapeutics PLC was among those whose ADRs traded
actively.
The novel cancer immunotherapy products developer rose 7.1%
after it entered into a transition agreement with GSK PLC over the
return of rights and materials comprised within the PRAME and
NY-ESO cell therapy programs.
Chinese e-commerce company Alibaba Group Holding Ltd. declined
1.8% as China's top internet regulator proposed rules to control
artificial-intelligence tools similar to ChatGPT. The announcement
came the same day that Alibaba rolled out its large language model
called Tongyi Qianwei.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
April 11, 2023 18:18 ET (22:18 GMT)
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