International stocks trading in New York were mixed on Thursday.
The BNY Mellon index of American depositary receipts fell 0.9% to
139.41. The European index decreased 1.06% to 135.36, the Asian
index edged up 0.08% to 140.44, the Latin American index fell 2.68%
to 269.89 and the emerging markets index declined 0.79% to 280.36.
Among the companies with shares that actively traded was Petroleo
Brasileiro SA (PBR, PETR3.BR, PETR4.BR).
Brazilian shares declined Thursday--led by state-controlled oil
company Petroleo Brasileiro--and the real weakened against the
dollar after opinion polls released Wednesday night showed the two
candidates in the Oct. 26 runoff presidential election still locked
in a tight race. Petrobras fell 6.75% to $14.50.
AbbVie Inc. (ABBV) officially reversed course on its plans to
buy Dublin-based pharmaceutical company Shire PLC (SHPG, SHP.LN),
saying it was urging shareholders to vote against the $54 billion
takeover deal it had signed in July, in light of new U.S. tax rules
on overseas merger deals known as inversions. Shire shares
recovered some ground Thursday, rising 4.67% to $178.46, after
falling 30% Wednesday on word AbbVie was considering walking away
from the deal.
Write to Tess Stynes at tess.stynes@wsj.com
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