ADRs Finish Larger, Airbus and Flutter Leisure Commerce Actively
By Kathryn Hardison
Worldwide shares buying and selling in New York closed increased Friday.
The S&P/BNY Mellon index of American depositary receipts rose 1.9% to 123.41. The European index elevated 2% to 118.62, the Asian index rose 1.4% to 138.96, the Latin American index gained 3.5% to 196.35 and the rising markets index elevated 1.7% to 245.28.
Airbus SE and Flutter Leisure PLC have been among the many firms with ADRs that traded actively.
ADRs of Airbus rose 1.9% after Amazon.com. Inc. mentioned it’s hiring Hawaiian Airways to fly its packages on 10 rented Airbus SE jets across the U.S.
ADRs of Flutter Leisure rose 1.7% after it mentioned Chief Monetary Officer Jonathan Hill shall be stepping down from his function to a newly created place of group chief working officer. The corporate mentioned it has appointed InterContinental Accommodations Group PLC CFO Paul Edgecliffe-Johnson as his successor.
ADRs of Adidas AG fell 4.1% following the German sportswear firm’s third revenue warning of the 12 months. The corporate mentioned Thursday that it faces one-off prices ties to Russia, in addition to the results of the pandemic in China.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
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