ADRs End Mostly Lower, Oatly and LianBio Trade Actively
By Denny Jacob
International stocks trading in New York closed mostly lower Wednesday.
The S&P/BNY Mellon index of American depositary receipts ticked down 0.4% to 151.86. The European index edged down 0.2% to 147.27. The Asian index retreated 0.9% to 174.14. The Latin American index rose 0.7% to 200.11, while the emerging-markets index moved down 0.1% to 292.67.
Oatly Group was among those whose ADRs traded actively.
The oat-milk company rose 5% a day after it launched a new product nationwide in the U.S.
Biotechnology company LianBio edged down 3.5% a day after it disclosed positive topline results from a Phase 2a proof of concept trial evaluating infigratinib in Chinese patients with locally advanced or metastatic gastric cancer.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
June 07, 2023 18:06 ET (22:06 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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