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ADRs End Lower; ArcelorMittal, AstraZeneca Trade Actively

06/22/2022 | 02:23pm EDT

By Denny Jacob


International stocks trading in New York closed lower on Wednesday.

The S&P/BNY Mellon index of American depositary receipts slipped 1.1% to 137.43. The European index ticked down 0.8% to 128.28. The Asian index declined 1.6% to 167.97. The Latin American index retreated 1.2% to 179.63, while the emerging-markets index lost 1.9% to 283.78.

ArcelorMittal SA was among those whose ADRs traded actively.

The steel maker declined 8.5% after signing a memorandum of understanding with energy company RWE AG to work together to develop, build and operate offshore wind farms and hydrogen facilities in Germany.

Anglo-Swedish pharma giant AstraZeneca PLC rose 1.2% following an agreement with Biocartis Group NV aimed at the development and applicable pre-market notification or approval with the U.S. Food and Drug Administration of a companion diagnostic test on Biocartis' Idylla platform for use with AstraZeneca's Tagrisso.


Write to Denny Jacob at denny.jacob@wsj.com


(END) Dow Jones Newswires

06-22-22 1623ET

Stocks mentioned in the article
ChangeLast1st jan.
ARCELORMITTAL 1.55% 24.565 Real-time Quote.-14.07%
ASTRAZENECA PLC -0.61% 10780 Delayed Quote.24.94%
BIOCARTIS GROUP NV 0.00% 1.682 Real-time Quote.-53.58%
RWE AG 1.54% 42.95 Delayed Quote.18.48%
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