CX Cemex SaB De Cv

International stocks trading in New York closed were mixed on Thursday.

The BNY Mellon index of American depositary receipts was flat at 120.66. The European index eased by 0.03% to 119.01, the Asian index edged down 0.25% to 128.60, the Latin American index rose 1.5% to 167.80 and the emerging markets index edged up 0.16% to 220.27.

Oi SA (OIBR, OIBRC, OIBR4.BR) was among the companies with ADRs that traded actively.

Debt-laden Brazilian telecommunication company Oi said it had hired U.S.-based PJT Partners Inc. (PJT) as a financial adviser, weeks after a planned capital injection was called off. Oi hired PJT Partners to evaluate "financial and strategic alternatives to optimize its liquidity and debt profile," the Brazilian company said. ADRs fell 9.5% to $1.52.

Cemex SAB (CX, CEMEX.MX) said Thursday it has reached an agreement to sell its operations in Bangladesh and Thailand for $53 million, a small part of its planned asset sales of up to $1.5 billion in the next two years. The Mexican company, among the world's largest cement makers, expects to use most of the proceeds to pay down debt. ADRs rose four cents to $6.12.

Royal Dutch Shell PLC (RDSA, RDSA.LN) Chief Executive Ben van Beurden took an 8% pay cut in 2015, with his direct compensation dropping to 5.1 million euros ($5.61 million) after a historic oil-price slump sliced the company's profits. ADRs fell 1.9% to $47.33.

Write to Tess Stynes at tess.stynes@wsj.com

(END) Dow Jones Newswires

March 10, 2016 18:36 ET (23:36 GMT)

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