ADR Shares End Mixed; ING, Nokia Shares Active

International stocks trading in New York closed mixed Wednesday, with the Bank of New York index of American depositary receipts inching up 0.1% to 147.71. The European index added 0.2% to 147.72, the Asian index rose 0.1% to 142.58, the Latin American index fell 1% to 257.76 and the emerging-markets index dropped 0.5% to 259.24. Among the companies with shares that actively traded were ING Groep NV (ING, INGA.AE) and Nokia Corp. (NOK, NOK1V.HE).

Dutch bank ING on Wednesday posted a fall in net profit and said it is stepping up efforts to bolster its balance sheet ahead of a financial-health check by the European Central Bank. Still, shares rose 3.3% to $14.40.

Nokia has appealed to the Indian Supreme Court in a last-minute effort to reverse the lower court's ruling in a lingering tax case that threatens to complicate the Finnish company's 5.4-billion-euro handset-unit sale with Microsoft Corp. (MSFT). Nokia shares fell 3.3% to $7.15.

America Movil SAB de CV's (AMX, AMX.MX) decision to lower its stake in Royal KPN of the Netherlands was taken for financial reasons, and doesn't change the Mexican telecommunications company's rights or relationship with the European carrier, America Movil officials said Wednesday. Shares slipped 1.4% to $21.19.

Write to Anna Prior at [e-mail]

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