ADRs End Higher; Deutsche Bank Trades Actively
October 13 2017 - 6:37PM
Dow Jones News
By Imani Moise
International stocks trading in New York ended Friday
higher.
Deutsche Bank AG (DB) and UBS Group AG (UBS) were among
companies with American depositary receipts that traded
actively.
During Friday trading, the BNY Mellon index of American
depositary receipts rose 0.5% to 151.13. The European index
increased 0.3% to 140.58, the Asian index improved 0.9% to 175.61,
the Latin American index rose 1.2% to 258.82 and the emerging
markets index increased 0.9% to 328.12.
Deutsche Bank fell 0.7% to $16.58 after agreeing along with
Citigroup Inc. (C) and HSBC Holdings PLC (HSBC) to pay about $132
million in total to resolve accusations they rigged a lending
benchmark. ADRs of HSBC ended the day unchanged.
UBS edged up 0.6% to $17.28 after The Wall Street Journal
reported Chinese regulators dropped a lawsuit against the bank over
its conduct in a 2009 initial public offering of a Chinese timber
firm now in liquidation.
ADRs of Rio Tinto PLC (RIO) jumped 4% to $50.01 after
higher-than-expected Chinese imports last month boosted mining
stocks industrywide.
Write to Imani Moise at imani.moise@wsj.com
(END) Dow Jones Newswires
October 13, 2017 18:22 ET (22:22 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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