ADRs End Mostly Lower, Air France-KLM, Movella Holdings Trade Actively
18 February 2023 - 9:12AM
Dow Jones News
By Sabela Ojea
International stocks trading in New York closed mostly lower
Friday.
The S&P/BNY Mellon index of American depositary receipts
fell 0.4% to 152.82. The European index rose 0.01% to 147.51, the
Asian index dropped 1.1% to 178.49, the Latin American index
declined 0.4% to 192.83, and the emerging markets index fell 1.3%
to 297.36.
ADRs of Air France-KLM on Friday jumped 5.6% after the
Franco-Dutch carrier group swung to a profit and booked record
revenue in the fourth quarter amid a surge in demand for air travel
after years of restrictions and border closures.
ADRs of Movella Holdings Inc. surged 47% after Taiwan
Semiconductor Manufacturing Co. reported in a securities filing a
6.1% stake in Movella, a provider of sensors, software and
analytics.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
February 17, 2023 16:57 ET (21:57 GMT)
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