Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 

ADRs End Higher; Galapagos, Sumitomo Mitsui Trade Actively

07/14/2021 | 06:05pm EDT

By Kimberly Chin

International stocks trading in New York closed higher on Wednesday.

The S&P/BNY Mellon index of American depositary receipts rose 0.1% to 169.29. The European index ticked up 0.1% to 143.45. The Asian index was flat at 237.49. The Latin American index increased 1.4% to 219.08. And the emerging-markets index rose 0.3% to 410.25.

Galapagos NV's ADRs fell 1.8% after the company reported topline results for three of its GLPG3970 studies that showed that its product candidate supports the role of SIK inhibition in inflammation. The three trials found GLPG3970 was mostly safe and well tolerated and there weren't serious adverse events in patients, the company said.

Sumitomo Mitsui Financial Group Inc.'s ADRs slipped 0.7% on Wednesday after the company said that it has formed a strategic alliance with Jefferies Financial Group Inc. to work on leveraged finance and cross-border merger businesses, the companies said.

Swisscom AG's ADRs, which trade over the counter, fell slightly, by 0.7%, after the company said it will lodge an appeal with the Swiss Federal Supreme Court after the Federal Administrative Court concluded that the company behaved improperly in the 2008 tender process to set up a broadband network at Swiss Post Ltd sites.

Write to Kimberly Chin at kimberly.chin@wsj.com

(END) Dow Jones Newswires

07-14-21 2005ET

Latest news "Markets"
10:03aTSX hits one-month low as oil prices slide; election in focus
RE
10:03aTSX hits one-month low as oil prices slide; election in focus
RE
09:33aFTSE Down, Oil Stocks Drop as China Fears Hit Crude
DJ
08:48aEurostoxx 50 : European shares slide 2% as China Evergrande's troubles cast shadow
RE
06:58aOil slide drags TSX futures to two-month low; election in focus
RE
06:45aFTSE Drops, AstraZeneca Rises on Upbeat Breast Cancer Data
DJ
06:26aEUROPEAN MIDDAY BRIEFING : Stocks Slump on China -3-
DJ
06:26aEUROPEAN MIDDAY BRIEFING : Stocks Slump on China -2-
DJ
06:26aEUROPEAN MIDDAY BRIEFING : Stocks Slump on China Fears
DJ
06:11aNORTH AMERICAN MORNING BRIEFING : Stock Futures -3-
DJ
Latest news "Markets"