ADRs End Lower
30 January 2018 - 9:30AM
Dow Jones News
By Imani Moise
International stocks trading in New York closed lower on
Monday.
Deutsche Bank AG (DB) was among the companies with ADRs that
traded actively.
The BNY Mellon index of American depositary receipts fell 1.1%
to 164.71. The European index decreased 1% to 150.83. The Asian
index dropped 1% to 197. The Latin American index fell 2% to 281.67
and the emerging markets index decreased 1.5% to 363.26.
ADRs of Deutsche Bank fell 2.1% to $19.10 after The Wall Street
Journal reported a senior banker with close ties to SoftBank Group
Corp. is leaving to go to Bank of America Corp.
ADRs of Sanofi SA (SNY) dropped 1% to $45.32 after the company
said it would buy French biopharmaceutical company Ablynx NV for
about 3.9 billion euros ($4.85 billion).
ADRs of Changyou.com Ltd. (CYOU) tumbled 8.9% to $30.13 after
the Chinese company braced investors for a larger-than-expected
revenue decline for the current quarter and missed views in the
fourth quarter.
ADRs of Diageo PLC (DEO) fell 2.2% to $141.85 after being cut to
sector perform from outperform by RBC Capital.
Write to Imani Moise at imani.moise@wsj.com
(END) Dow Jones Newswires
January 29, 2018 17:15 ET (22:15 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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