ADRs End Higher; Santander, China Petroleum and Royal Dutch Shell Trade Actively
July 14 2017 - 5:45PM
Dow Jones News
International stocks trading in New York closed higher on
Friday.
The BNY Mellon index of American depositary receipts rose 0.64%
to 143.94, the Asian index rose 0.62% to 164.29, the Europe index
rose 0.58% to 135.94, the emerging-markets index rose 1.01% to
301.21 and the Latin American index rose 1.04% to 232.27.
Banco Santander SA (SAN), China Petroleum & Chemical Corp.
(SNP) and Royal Dutch Shell (RDS.A) were among those with ADRs that
traded actively.
The Spanish bank Banco Santander on Thursday announced plans to
reimburse customers who lost money when it took over the failing
Banco Popular. Popular was taken over by Santander last month and
wound down. Santander announced that impacted customers will
receive bonds. ADRs fell 0.7% to $6.76.
Oil prices rose for the fifth straight day on Friday as the
dollar slid. A weaker dollar makes dollar-traded oil cheaper for
foreign buyers, causing oil futures to rise. Increasing demand is
the expectation that China's oil imports will continue to grow as
its government expands its petroleum reserve. ADRs in Sinopec
dropped 2.5% to $33.19 while ADRs in Netherlands-based Royal Dutch
Shell rose 0.5% to $53.75.
(END) Dow Jones Newswires
July 14, 2017 17:30 ET (21:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Shell (LSE:RDSA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Shell (LSE:RDSA)
Historical Stock Chart
From Apr 2023 to Apr 2024