By George Stahl
International stocks trading in New York closed higher
Monday.
The BNY Mellon index of American depositary receipts rose 0.93%
to 145.76. The European index increased 0.92% to 143.26, the Asian
index improved 0.75% to 153.69, the Latin American index rose 1.55%
to 220.09 and the emerging markets index increased 0.83% to
265.00.
The gains occurred as several stock markets in Asia and Europe
were closed Monday for a holiday.
Among the companies with shares that were actively traded was
Petroleo Brasileiro SA (PBR, PETR3.BR, PETR4.BR). ADRs of Petrobras
rose 0.6% to $6.80 after the newspaper Folha de S.Paulo reported
that the company's chief executive expects losses related to a
corruption probe will be less than 10 billion reais, or $3.2
billion.
BHP Billiton's ADRs increased 2.1% to $46.51 amid signs that
prices in the copper market are rising because of a flurry of
disruptions to the industrial metal's output.
Orange ADRs rose 1.2% amid reports that Vivendi SA swooped in
with an offer for the company's video-streaming site Dailymotion,
after Hong Kong-based telecommunication company PCCW Ltd. dropped
out of such talks.
Write to George Stahl at george.stahl@wsj.com
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