News

International Stocks Trading Higher

1 Mins read

The international stocks trading in New York closed higher on Friday. Here is a breakdown of the performance of different indices:

S&P/BNY Mellon Index

  • American depositary receipts: 151.84 (+0.7%)

European Index

  • Fractional increase: 145.91

Asian Index

  • Rose by 1.5%: 176.64

Latin American Index

  • Increased by 2%: 204.50

Emerging-Markets Index

  • Gained 2.1%: 294.37

Notable Companies:

Alibaba Group Holding

ADRs of Alibaba rose by 8% to $90.55 following China’s financial regulators imposing a nearly $1 billion fine on Ant Group, in which Alibaba owns a one-third stake. This development brings Ant Group closer to the end of its long-running business overhaul.

Coca-Cola HBC

ADRs of Coca-Cola HBC saw a 6.8% increase, reaching $30.60, after the company raised its profit outlook for the year due to a stronger-than-expected performance in June.

Shell

ADRs of Shell rose by 1.9% to $59.65 after the company provided an update on its quarterly outlook, including projections for a working capital gain of between $2 billion and $6 billion. Analysts believe this news should give investors confidence in Shell’s continuing pace of share buybacks, despite softening market conditions.

Related posts
News

IMF commends Sri Lanka's new govt for reform continuation

1 Mins read
COLOMBO, Apr 25: The International Monetary Fund (IMF) on Friday commended the Sri Lankan government, led by President Anura Kumara Dissanayake, for…
News

U.S. Federal Reserve revokes crypto guidance for banks

1 Mins read
25th April 2025 – (Washington) The U.S. Federal Reserve announced on 24th April that it will withdraw previous guidance requiring state member…
News

Largo Reports Q1 2025 Production and Sales Results; Provides Update on Operational Turnaround Plans By Investing.com

7 Mins read
All dollar amounts expressed are in thousands of U.S. dollars unless otherwise indicated. Q1 2025 HighlightsBest Forex Trading Robots For 2022 TORONTO–(BUSINESS…

Leave a Reply

Your email address will not be published. Required fields are marked *