ADR Shares End Higher, Dada Nexus and Petrobras Among Companies Trading Actively

By Sabela Ojea

International stocks trading in New York closed mostly higher Tuesday.

The S&P/BNY Mellon index of American depositary receipts closed 0.5% higher at 142.22. The European index rose 0.5% to 138.42. The Latin American index decreased 5.0% to 172.68. The emerging-markets index rose 0.2% to 272.02. The Asian index increased 1.2% to 164.44.

The ADRs of Dada Nexus Ltd. and Petroleo Brasileiro S/A traded actively.

Dada Nexus Ltd.'s American depositary receipts closed up 27% to $8.82 after the China-based retail and delivery platform discussed its 2022 achievements including deeper collaboration with JD.com Inc. and expanded services for supermarkets.

ADRs of Petroleo Brasileiro S/A on Tuesday closed down 11% to $9.50 after Brazil's new president removed the oil company from a list of state-controlled companies set to go private.

Write to Sabela Ojea at [e-mail]

(END) Dow Jones Newswires

01-03-23 1709ET