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ADRs End Lower, Credit Suisse, Baidu Trade Actively

March 18, 2023
in Trade News
Reading Time: 1 min
Dow’s 290-point drop led by losses for shares of Apple Inc., Intel
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Published: March 17, 2023 at 6:00 p.m. ET

By Sabela Ojea

International stocks trading in New York closed lower on Friday.

The S&P/BNY Mellon index of American depositary receipts declined 1.2% to 142.12. The European index dropped 1.4% to 137.34, the Asian index slipped 0.8% to 165.94, the Latin American index retreated 1.5% to 176.51 and the emerging markets index lost 0.6% to 276.44.

…

By Sabela Ojea

International stocks trading in New York closed lower on Friday.

The S&P/BNY Mellon index of American depositary receipts declined 1.2% to 142.12. The European index dropped 1.4% to 137.34, the Asian index slipped 0.8% to 165.94, the Latin American index retreated 1.5% to 176.51 and the emerging markets index lost 0.6% to 276.44.

Credit Suisse Group AG and Baidu Inc. were among those whose ADRs traded actively.

Credit Suisse dropped 6.9% despite receiving a loan from the Swiss National Bank, as troubles in the banking sector continue.

Baidu climbed 6.3% after analysts lauded the company’s new Ernie Bot, an AI-powered chatbot that represents China’s first rival to ChatGPT.

Write to Sabela Ojea at sabela.ojea@wsj.com



Read More: ADRs End Lower, Credit Suisse, Baidu Trade Actively

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