ADRs End Mixed; Noah Holdings, Aegon Trade Actively

By Kathryn Hardison

International stocks trading in New York closed mixed on Thursday.

The S&P/BNY Mellon index of American depositary receipts was flat at 141.68. The European index decreased 0.5% to 132.52, the Asian index rose 1% to 171.49, the Latin American index dropped 0.5% to 193.92, and the emerging markets index increased 0.8% to 292.51.

Noah Holdings Ltd. and Aegon NV were among the companies with ADRs that traded actively.

ADRs of Noah Holdings climbed 19% after the company said Wednesday that it would pursue a dual-primary listing on the New York Stock Exchange and the Hong Kong Stock Exchange.

ADRs of Aegon NV rose 8.7% after the Dutch insurance, pensions and asset-management company lifted its cumulative free-cash-flow guidance for 2021-23 to at least 2.2 billion euros ($2.27 billion) from the previous forecast of EUR1.4 billion to EUR1.6 billion. Aegon also raised its 2022 operating capital generation guidance to EUR1.4 billion.

ADRs of Sibanye-Stillwater Ltd. fell 1.4% after the company said it launched a new operational plan for its U.S. platinum group metals operations in response to the macro environment. It expects production to grow to 700,000 ounces by 2027.

Write to Kathryn Hardison at [e-mail]

(END) Dow Jones Newswires

08-11-22 1746ET