International stocks trading in New York closed higher on
Monday, with the Bank of New York index of American depositary
receipts adding 0.8% to 150.71. The European index rose 0.7% to
150.33, the Asian index jumped 1.2% to 141.85, the Latin American
index was essentially flat at 288.53 and the emerging markets index
climbed 0.5% to 280.32. Among the companies with shares that
actively traded was JA Solar Holdings Co. (JASO).
JA Solar Holdings raised its first-quarter solar cell and module
shipments estimate, a move Chief Executive Baofang Jin attributed
to solid execution. The company also reiterated its full-year cell
and module shipments guidance of between 2.7 gigawatts and 2.9
gigawatts. The Chinese solar-products company's shares jumped 7.8%
to $10.05.
Insurer Aviva PLC (AV, AV.LN) said Monday it has sold its entire
47% stake in South Korean business Woori Aviva Life Insurance to
NongHyup Financial Group, as part of its strategy to focus on
markets where it has scale or a sustainable competitive advantage
to maximize return on capital. Aviva shares rose 1.6% to
$16.95.
Polish prosecutors have charged 13 people in connection with a
bribery investigation into GlaxoSmithKline PLC (GSK, GSK.LN),
Poland's Anti-Corruption Bureau said Monday. Shares of the
pharmaceutical company edged up 0.2% to $51.84.
Write to Anna Prior at anna.prior@wsj.com
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