ADRs End Lower; ArcelorMittal, AstraZeneca Trade Actively
June 22 2022 - 4:38PM
Dow Jones News
By Denny Jacob
International stocks trading in New York closed lower on
Wednesday.
The S&P/BNY Mellon index of American depositary receipts
slipped 1.1% to 137.43. The European index ticked down 0.8% to
128.28. The Asian index declined 1.6% to 167.97. The Latin American
index retreated 1.2% to 179.63, while the emerging-markets index
lost 1.9% to 283.78.
ArcelorMittal SA was among those whose ADRs traded actively.
The steel maker declined 8.5% after signing a memorandum of
understanding with energy company RWE AG to work together to
develop, build and operate offshore wind farms and hydrogen
facilities in Germany.
Anglo-Swedish pharma giant AstraZeneca PLC rose 1.2% following
an agreement with Biocartis Group NV aimed at the development and
applicable pre-market notification or approval with the U.S. Food
and Drug Administration of a companion diagnostic test on
Biocartis' Idylla platform for use with AstraZeneca's Tagrisso.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
June 22, 2022 16:23 ET (20:23 GMT)
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