ADRs End Lower, Carrefour and Nestle Trade Actively
March 22 2023 - 7:13PM
Dow Jones News
By Sabela Ojea
International stocks trading in New York closed lower on
Wednesday.
The S&P/BNY Mellon index of American depositary receipts
fell 0.7% to 145.16. The European index declined 0.6% to 141.36,
the Asian index lost 0.8% to 167.75, the Latin American index edged
down 0.6% to 177.18 and the emerging markets index decreased 0.7%
to 278.77.
Carrefour S.A. ADRs were up 1% after the French grocer said it
is proposing an extension of Chairman and Chief Executive Alexandre
Bompard's term at a meeting of shareholders in May.
Nestle S.A. saw its ADRs rise 1.2% after the Swiss food and
drink conglomerate said it is investing in a Ganado
solar-plus-storage project in Texas that will add 208 megawatts of
electricity to U.S. power grid.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
March 22, 2023 18:58 ET (22:58 GMT)
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