ADRs End Mostly Lower, Dassault Systemes, LianBio Trade Actively
April 26 2023 - 6:51PM
Dow Jones News
By Sabela Ojea
International stocks trading in New York closed mostly lower on
Wednesday.
The S&P/BNY Mellon index of American depositary receipts
fell 0.08% to 150.05. The European index declined 0.3% to 150.68,
the Asian index rose 0.5% to 163.83, the Latin American index
dropped 0.4% to 182.77 and the emerging markets index increased
0.06% to 270.86.
ADRs of Dassault Systemes SE dropped 5.8% to $38.32 after the
French software company reported lower first-quarter adjusted
operating margin, and said it targets a lower adjusted margin for
the current quarter.
ADRs of LianBio closed up 2.1% to $1.97 after the Shanghai and
Princeton, N.J.-based biotechnology company said it saw positive
topline results from a Phase 3 investigating mavacamten for the
treatment of Chinese patients with symptomatic obstructive
hypertrophic cardiomyopathy.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
April 26, 2023 18:36 ET (22:36 GMT)
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