ADRs End Higher; Barclays, Carnival Trade Actively
25 June 2022 - 6:49AM
Dow Jones News
By Denny Jacob
International stocks trading in New York closed higher on
Friday.
The S&P/BNY Mellon index of American depositary receipts
gained 3.1% to 141.23. The European index advanced 3.6% to 132.00
The Asian index increased 2.5% to 173.39. The Latin American index
rose 1.3% to 177.50, while the emerging-markets index moved up 2.7%
to 292.85.
Barclays PLC was among those whose ADRs traded actively.
The U.K. bank rose 3.7% following its $2.8 billion deal to buy
specialist lender Kensington Mortgage Co. Ltd. from Blackstone Inc.
and Sixth Street Partners.
Carnival PLC rose roughly 13% after the world's largest cruise
line said it no longer expects to turn a profit in the current
quarter, continues to anticipate a loss for the full year but
expects positive adjusted earnings before interest, taxes,
depreciation and amortization for the third quarter.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
June 24, 2022 16:34 ET (20:34 GMT)
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