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Name | Symbol | Market | Type |
---|---|---|---|
China Unicom Ltd | NYSE:CHU | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.03 | 0 | 01:00:00 |
International stocks trading in New York closed higher on Thursday.
Unilever was among the companies with ADRs that traded actively.
The BNY Mellon index of American depositary receipts rose 1.83% to 133.95. The European index increased 1.75% to 135.10, the Asian index improved 2.22% to 139.11, the Latin American index rose 1.03% to 168.78 and the emerging markets index increased 1.83% to 224.80.
Anglo-Dutch consumer-products giant Unilever said its third-quarter revenue rose sharply as sales of ice cream jumped and the company logged strong growth in emerging markets. ADRs of Unilever PLC (UL, ULVR.LN) rose 4.3% to $44.96 and Unilever NV (UN, UNA.AE) rose 4.8% to $44.95.
Shareholders of Siliconware Precision Industries Co. (SPIL, 2325.TW)--known as SPIL--voted down Hon Hai Precision Industry Co.'s (2317.TW) plan to increase its stake in the Taiwan-based chip assembly firm and become SPIL's largest shareholder. Hon Hai--also known as Foxconn Technology Group--has been locked in a battle with Advanced Semiconductor Engineering Inc. (ASX, 2311.TW, 3355.HK), for control of SPIL, which is developing a key technology used in the latest iPhones and smartwatches. ADRs of SPIL rose 7.9% to $6.87. Advanced Semiconductor Engineering increased 9.1% to $5.89.
China's top three telecom carriers agreed to sell their telecom tower assets to a joint venture they formed last year and lease them back, part of efforts to overhaul China's state-controlled companies and reduce duplicate investments in the world's largest mobile market. The carriers--China Mobile Ltd. (CHL, 0941.HK, K3PD.SG), China Unicom (Hong Kong) Ltd. (CHU, 0762.HK, K3ID.SG) and China Telecom Corp. (CHA, 0728.HK, K3ED.SG)--said the joint venture will improve network coverage and reduce spending for new towers. ADRs of China Mobile rose 1.7% to $61.01, China Unicom dropped 6.6% to $13.72 and China Telecom fell 1.7% to $53.46.
Taiwan Semiconductor Manufacturing Co. (TSM, 2330.TW) projected lower fourth-quarter revenue and cut its capital spending estimate for this year after reporting its first quarterly earnings decline since 2012. ADRs of the world's biggest contract chip maker fell 1.8% to $21.95.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 15, 2015 17:56 ET (21:56 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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