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ADRs End Lower; Toyota, XPeng Among Companies Actively Trading

09/10/2021 | 05:11pm EDT

By Kimberly Chin

International stocks trading in New York finished lower on Friday.

The S&P/BNY Mellon index of American depositary receipts fell 0.2% to 165.42. The European index dragged 0.2% to 143.53. The Asian index fell 0.1% to 227.70. The Latin American index slipped 0.2% to 199.70. And the emerging-markets index notched 0.1% lower to 380.38.

Toyota Motor Corp.'s ADRs tumbled 2.1% after the automaker said a shortage of semiconductors and other issues stemming from Southeast Asia would cause production cuts to stretch into at least October.

XPeng Inc.'s ADRs fell 2.1% after the Chinese smart electric vehicle company said it will launch the XPeng P5 smart family sedan, its third production model, on Sept. 15 in China and plans to start customer delivery in October.

ArcelorMittal SA's ADRs slipped 0.8% after the company said Friday that it has signed a landmark agreement with the government of Liberia, paving the way for the company to expand its mining and logistics operations in the country.

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

(END) Dow Jones Newswires

09-10-21 1710ET

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