ADRs End Mostly Higher, Evotec, Credit Agricole, Continental Trade Actively
May 10 2023 - 6:58PM
Dow Jones News
By Sabela Ojea
International stocks trading in New York closed mostly higher on
Wednesday.
The S&P/BNY Mellon index of American depositary receipts
closed unchanged at 151.73. The European index fell 0.2% to 151.29,
the Asian index increased 0.2% to 166.96, the Latin American index
climbed 0.9% to 190.12 and the emerging markets index gained 0.4%
to 275.55.
ADRs of Evotec closed up 11% to $10.34 after the German
biotechnology company said its Seattle-based subsidiary Just-Evotec
Biologics would enter into a partnership with Sandoz, a unit of
Novartis, to develop and manufacture biosimilar medicines.
ADRs of Credit Agricole gained 4.4% to $6.36 after the French
lender reported a better-than-expected net profit for the first
quarter
ADRs of Continental finished up 3.5% to $7.19 after the
car-parts manufacturer's first-quarter results beat expectations,
overcoming what it called adverse market conditions, and maintained
its guidance.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
May 10, 2023 18:43 ET (22:43 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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