ADRs End Higher, Danske Bank Among Companies Actively Trading

By Kimberly Chin

International shares investing in New York closed higher on Tuesday.

The S&P/BNY Mellon index of American depositary receipts rose 1.1% to 164.90. The European index improved .5% to 150.95. The Asian index amplified 2% to 209.77. The Latin American index rose .8% to 200.13. And the emerging-markets index was up 2.1% to 347.80.

ADRs of Danske Bank AS, which trade about the counter, rose 3.5% right after the Danish financial institution reported that Chairman Karsten Dybvad will not stand for re-election at the coming general conference, and endorses that board member and former Commerzbank AG Chief Executive Martin Blessing realize success him.

Nissan Motor Co.’s ADRs, which trade above the counter, have been up 2% just after the Japanese automaker swung to a 3rd-quarter net earnings many thanks partly to a sturdy U.S. motor vehicle marketplace as it proceeds to recover from the coronavirus pandemic.

BP PLC’s ADRs slid 1.6% after the British oil-and-fuel large sought to reassure investors Tuesday that declining oil-and-gas production is not going to cripple earnings for the remainder of the 10 years as it pivots to reduced-carbon investments. The organization also described potent quarterly and once-a-year earnings.

Create to Kimberly Chin at [email protected]