News

Stocks Surge on International Markets

1 Mins read

The trading day ended on a positive note for international stocks in New York. The S&P/BNY Mellon index of American depositary receipts witnessed a significant 2% increase, reaching a high of 156.16. Similarly, the European index saw a positive trend with a 1.9% rise to 150.29. Asia also experienced a boost with the Asian index rising by 2.2% to 181.67. Latin American stocks showed a slight improvement as the Latin American index edged up by 0.6% to 205.65. The emerging-markets index rose by 2% to reach an impressive 303.41.

RedHill Biopharma stood out among actively traded ADRs during the day. The specialty biopharmaceutical company witnessed a staggering 27% surge in its stock price following its latest earnings report. The report highlighted a nearly 10% increase in new prescriptions of Talicia compared to the previous year. Dror Ben-Asher, Chief Executive of RedHill Biopharma, expressed optimism for the company’s future commercial endeavors, particularly focusing on maximizing the potential of Talicia.

EHang Holdings also experienced an upward trend in its stock price, as it climbed a remarkable 20%. This surge came after the announcement that the autonomous aerial vehicle technology platform company successfully secured a $23 million private placement through share subscription agreements with several strategic investors.

Overall, this bullish trading session indicates positive prospects for international stocks, as various sectors and regions demonstrated notable gains. Investors eagerly await further developments in these companies and their respective markets.

Related posts
News

The Largest Deal of the Year: BlackRock Acquires TechBerry

1 Mins read
BlackRock is concluding its acquisition of TechBerry, which has already been named one of the largest deals of the year. The substantial…
News

Government Matching Contribution for Retirement Savings

2 Mins read
According to researchers, nearly 22 million Americans are set to benefit from a new government matching contribution initiative aimed at enhancing retirement…
News

Oil Market Update

1 Mins read
Oil Market Update On Tuesday, crude oil futures prices were lower, while refined product contracts were experiencing a second consecutive day of…

Leave a Reply

Your email address will not be published.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