ADRs End Mostly Higher; Gold Companies Trade Actively
March 21 2018 - 6:47PM
Dow Jones News
International stocks trading in New York closed mostly higher on
Wednesday.
The BNY Mellon index of American depositary receipts increased
0.2% to 152.66. The European index edged up 0.04% to 138.05. The
Latin American index rose 2.3% to 271.08, and the emerging-markets
index declined 0.5% to 346.23.
Meanwhile, the Asian index eased 0.1% to 185.34.
Gold companies were among those with ADRs that traded
actively.
Royal Dutch Shell PLC (RDSB, RDSB.LN) said Wednesday that its
transforming downstream business is driving a profitable growth
outlook for the company, forecasting that organic free cash flow in
the division would be in a range of between $6 billion and $7
billion by 2020. ADRs rose 2.3% to $64.92.
Gold prices extended gains in aftermarket trading Wednesday,
boosted by a less hawkish than expected Federal Reserve and worries
over a brewing trade war with China. Among those with ADRs, Gold
Fields Ltd. (GFI, GFI.JO) rose 2.1% to $3.89; AngloGold Ashanti
Ltd. (AU, ANG.JO) rose 3.4% to $9.23; and Randgold Resources Ltd.
(GOLD, RRS.LN) rose 2.1% to $84.
(END) Dow Jones Newswires
March 21, 2018 18:32 ET (22:32 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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