International stocks trading in New York closed higher on Thursday. CRH PLC (CRH, CRH.DB) and JinkoSolar Holding Co. (JKS) were among the companies with ADRs that traded actively. The BNY Mellon index of American depositary receipts increased 0.62% to 132.98. The European index improved 0.52% to 132.78; the Asian index increased 0.61%, to 141.19; the Latin American index rose 1.6% to 169.79; and the emerging-markets index rose 1.3% to 226.77.

 

Mining giant BHP Billiton Ltd. (BHP, BHP.AU) said Thursday that it won't change its dividend policy until February at the earliest, despite shareholder concerns the company won't be able to sustain its current payout given the slump in global commodity prices. ADRs rose 1.8% to $29.12.

 

International building materials group CRH on Thursday reported a 34% rise in profit before interest, taxes, depreciation and amortization for the first nine months of 2015. Sales for the nine months rose 16%, with sales in the Americas 28% higher and Europe sales up 2%. ADRs rose 4.7% to $28.59.

 

ADRs of Gold Fields Ltd. (GFI, GFI.JO) surged 18% to $2.56 on Thursday after the South African mining company reported better-than-expected headline third-quarter profit. Headline profit, which strips out certain items, rose 46% to $21 million in the July to September period compared with a year earlier, beating expectations for a 33% increase.

 

JinkoSolar on Thursday reported strong third-quarter results as module shipments to third parties topped company forecasts and set a record high. As the year's shipment guidance rises, JKS' downstream efforts continue to generate a bigger share of the company's results. ADRs fell 9.5% to $22.67.

 

Loans on nearly $24 billion of Petroleo Brasileiro SA's (PBR, PETR3.BR, PETR4.BR) debt will mature in 2016 and 2017, raising questions as to whether the Brazil state-run oil firm will repay, restructure or default on its debt. The company, commonly known as Petrobras, had $127.5 billion in debt as of Sept. 30. ADRs closed up 0.39% at $5.09.

 

Australia's antitrust regulator has cleared the way for Royal Dutch Shell PLC's (RDSA, RDSA.LN, RDSB, RDSB.LN) takeover of BG Group PLC. The deal, expected to be completed in early 2016, is a crucial part of Shell's strategy to focus on its natural-gas and deep-water oil businesses. Australia's Foreign Investment Review Board and Chinese authorities still need to rule on the deal. ADRs closed up 0.97% at $51.05.

 

Write to Maria Armental at maria.armental@wsj.com

 

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(END) Dow Jones Newswires

November 19, 2015 18:18 ET (23:18 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
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