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ADRs Close Mostly Higher; Nano Dimension, Orange Trade Actively

November 24, 2021 at 05:10 pm EST

International stocks trading in New York closed mostly higher Wednesday.

The S&P/BNY Mellon index of American depositary receipts declined 0.2% to 161.10. The European index fell 0.4% to 143.30.

Meanwhile, the Asian index rose 0.1% to 216.91. The Latin American index increased 0.7% to 175.75. And the emerging-markets index gained 0.3% to 356.64.

Nano Dimension Ltd. and Orange were among those whose ADRs traded actively.

Ant Group Co. has started making it clear to customers if they are borrowing from outside lenders or from the company itself, as Jack Ma's financial-technology giant continues to fall in line with Chinese regulations. Ant, which is 33% owned by Alibaba Group Holding Ltd., has been forced to revamp its businesses according to directions laid out by regulators including the People's Bank of China. As part of the overhaul, Ant set up a new consumer-finance company with several other companies in June, and started to fold the credit business in the new entity. Alibaba's ADRs closed up 2% at $136.52.

Orange's board accepted the resignation of Stephane Richard as chairman and chief executive and plans to have a new governance structure in place by Jan. 31, the company said Wednesday. A French court has convicted Mr. Richard for his role in a long-running fraud case, giving him a one-year suspended jail sentence and fining him EUR50,000 ($56,243). ADRs closed 1% lower at $11.09.

Nano Dimension Ltd.'s ADRs closed 10% higher at $5.10 after the manufactured electronics and printed electronics company logged a narrowed third-quarter loss with a surge in revenue.