ADRs End Friday Trading Mostly Higher
By Allison Prang
International stocks trading in New York ended largely higher
Carnival plc and Westpac Banking Corp. were among the companies
with ADRs that traded actively.
The S&P/BNY Mellon index of American depositary receipts
rose 0.4% to 132.21. The European index increased 0.1% to 109.51,
the Asian index improved 0.9% to 194.70, the Latin American index
fell 0.4% to 140.45, and the emerging markets index increased 0.7%
ADRs of Carnival rose 7.7% to $12.34 a share. The company's
Costa Cruises brand announced that it has refigured its itineraries
for April through November of next year. Barclays also boosted its
ratings Carnival and other cruise companies, and said it thinks
"the worst is in the past for the sector."
ADRs of Westpac Banking rose 6.5% to $12.29. Australia's
second-biggest bank recently agreed to pay a $920 million fine to
settle a suit over violating terrorism-financing and
--Dave Sebastian and Alice Uribe contributed to this report.
Write to Allison Prang at email@example.com
(END) Dow Jones Newswires
September 25, 2020 16:50 ET (20:50 GMT)
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