News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 

ADRs End Lower; Orchard Therapeutics, TotalEnergies Trade Actively

01/21/2022 | 05:20pm EDT

By Kimberly Chin

International stocks trading in New York closed lower Friday amid a broad selloff in the major U.S. stock indexes.

The S&P/BNY Mellon index of American depositary receipts fell 1.9% to 160.96. The European index tumbled 1.5% to 145.98. The Asian index declined 2.6% to 208.55. The Latin American index fell 0.9% to 189.77. And the emerging-markets index decreased 2.8% to 345.95.

ADRs of Orchard Therapeutics PLC fell 5.6% on Friday. The gene therapy company published long-term clinical outcomes for its Libmeldy treatment of early onset metachromatic leukodystrophy in the publication The Lancet. The company found that most of the pediatric patients that were treated with Libmeldy had developed motor skills that were in the expected range of healthy children or had developed the ability to walk.

TotalEnergies SE's ADRs fell 2.6% after the company said that it has decided to withdraw from Myanmar, citing stakeholder pressure as the situation in the country has continued to worsen since the military coup last year.

Commerzbank AG's ADRs fell 2.3% after the company said it has booked provisions of around 436 million euros ($493.1 million) on foreign currency loans in Poland that will weigh on its fourth-quarter operating result. However, the German bank continues to expect a positive net result for the year.

Write to Kimberly Chin at

(END) Dow Jones Newswires

01-21-22 1719ET

Stocks mentioned in the article
ChangeLast1st jan.
COMMERZBANK AG 1.42% 7.12 Delayed Quote.4.95%
ORCHARD THERAPEUTICS PLC -0.04% 0.4798 Delayed Quote.-63.65%
TOTALENERGIES SE -1.36% 51.47 Real-time Quote.16.92%
Latest news "Markets"
07:17aTSX futures down on weaker crude, inflation worries
07:02aIndian shares drop over 2% on inflation worries, IT leads losses
06:55aFutures signal more selling on Wall Street as growth fears mount
06:45aRARE DOUBLE WHAMMY HITS RETAIL INVESTORS : steep slumps for both stocks and bonds
06:36aGermany's 10-year yield drops below 1% as growth fears in focus
06:08aEuro rises with focus on ECB tightening path, Swiss Franc rises
05:38aEUROPEAN MIDDAY BRIEFING - Recession Fears, U.S. Earnings Doubts Hammer Stocks Again
05:38aEUROPEAN MIDDAY BRIEFING - Recession Fears, U.S. -2-
05:32aNORTH AMERICAN MORNING BRIEFING : Stocks Set for Further Losses as Recession Fears Grow
Latest news "Markets"