ADRs End Higher, Alibaba and AstraZeneca Trade Actively
02 Novembre 2022 - 12:26AM
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 0.9% to 125.89. The European index ticked up 0.5% to
123.73. The Asian index gained 1.5% to 137.67. The Latin American
index advanced 2% to 191.40, while the emerging-markets index moved
up 1.6% to 238.06.
Alibaba Group Holding Ltd. was among those whose ADRs traded
actively.
The Chinese e-commerce giant gained 3.6%, aided by speculation
that China was planning to ease a stringent zero-Covid policy that
has dragged on Chinese stocks.
Pharmaceutical giant AstraZeneca PLC rose 1.8% after its
Covid-19 vaccine Vaxzevria was granted full marketing authorization
in the European Union.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
November 01, 2022 19:11 ET (23:11 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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