ADRs End Mostly Lower; Opera, Sony Trade Actively
By Denny Jacob
International stocks trading in New York closed mostly lower on Friday.
The S&P/BNY Mellon index of American depositary receipts ticked down 0.1% to 151.86. The European index was largely unchanged at 152.28. The Asian index edged down 0.2% to 166.30. The Latin American index moved down 0.4% to 184.53, while the emerging-markets index climbed 0.6% to 276.50.
Opera Ltd. was among those whose ADRs traded actively.
The web browser provider soared 22% a day after the company reported nearly 22% revenue growth in the first quarter while also raising the lower-end of its revenue guidance and both ends of its adjusted earnings before interest, taxes, depreciation and amortization guidance for 2023.
Sony Group Corp. retreated 5.7% after the Japanese entertainment and electronics company projected revenue and net profit to decline for the fiscal year that started in April.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
April 28, 2023 17:35 ET (21:35 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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