ADRs End Higher; Pharmaceuticals Trade Actively
23 June 2017 - 7:44AM
Dow Jones News
By Anne Steele
Prices of International stocks trading in New York closed higher
on Thursday.
The BNY Mellon index of American depositary receipts rose 0.4%
to 140.07. The European index increased 0.3% to 133.16, the Asian
index improved 0.3% to 159.79, the Latin American index climbed 1%
to 212.84 and the emerging markets index increased 0.3% to
287.26.
Pharmaceutical companies were among those trading actively.
ADRs of Teva Pharmaceutical Industries Ltd. (TEVA.TV, TEVA)
ended 4.7% higher at $32.52 after Mizuho raised its rating to
neutral from underperform.
ADRs of Novartis AG (NVS, NOVN.EB) rose 4.6% to $86.34 after the
company said a drug that it sells for various immunology conditions
reduced the risk of serious heart problems in patients who have had
a heart attack and who suffer inflammation related to fat build-up
in the arteries.
ADRs of Summit Therapeutics PLC (SMMT, SUMM.LN) climbed 3.7% to
$11.49 after the company presented data from two early-stage
clinical trials of its Duchenne muscular dystrophy drug
ezutromid.
Write to Anne Steele at anne.steele@wsj.com.
(END) Dow Jones Newswires
June 22, 2017 17:29 ET (21:29 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Novartis (NYSE:NVS)
Historical Stock Chart
From Apr 2024 to May 2024
Novartis (NYSE:NVS)
Historical Stock Chart
From May 2023 to May 2024