IFX Infineon Technologies AG

By Sabela Ojea

International stocks trading in New York closed higher on Wednesday.

The S&P/BNY Mellon index of American depositary receipts rose 1.2% to 149.78. The European index increased 1.2% to 145.14, the Asian index climbed 1.2% to 174.12, the Latin American index surged 1.6% to 185.02, and the emerging markets index jumped 1.2% to 291.23.

ADRs of French IT company Atos SE on Wednesday plunged 17% to $2.26 after a report suggested that European plane maker Airbus SE is seeking a lower price for a minority stake in Atos's cyber business Evidian.

ADRs of Airbus SE closed up 2% at $32.79 after the European plane maker said it will no longer pursue discussions to acquire a minority stake in Atos SE's cyber business Evidian, saying a deal under the current structure wouldn't be in its interest.

ADRs of Infineon Technologies AG climbed 3.1% to $38.96 after the German chip maker raised forecasts for its fiscal second quarter and the entire fiscal year, citing the resilience of its core automotive and industrial businesses.

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

(END) Dow Jones Newswires

March 29, 2023 18:47 ET (22:47 GMT)

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