ADRs End Higher, Rio Tinto, Remy Cointreau Trade Actively
02 June 2023 - 9:32AM
Dow Jones News
By Sabela Ojea
International stocks trading in New York closed higher on
Thursday.
The S&P/BNY Mellon index of American depositary receipts
increased 1.5%, to 149.18. The European index rose 0.9%, to 145.60;
the Asian index jumped 2.3%, to 170.50; the Latin American index
climbed 2.3%, to 187.85; and the emerging markets index rose 1.9%,
to 283.64.
ADRs of Rio Tinto closed up 3.4%, to $61.04, after the world's
second-biggest miner by market value said it is investing $395
million in a seawater desalination plan in Australia's Pilbara
region, where it runs massive iron-ore mining operations.
ADRs of Remy Cointreau closed down 3.8%, to $14.69, after the
French spirits company's chief executive said sales are set to
plunge by up to 40% in the first quarter before recovering later in
the fiscal year.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
June 01, 2023 19:17 ET (23:17 GMT)
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