ADRs Rise Wednesday; Banco Santander and BP Among the Actively Traded

   By Allison Prang 
 

International stocks trading in New York closed higher on Wednesday.

Banco Santander S.A. (SAN) and BP PLC (BP) were among the companies with ADRs that traded actively.

The S&P/BNY Mellon index of American depositary receipts rose 0.3% to 142.21. The European index increased 0.3% to 131.11, the Asian index improved 0.3% to 169.03, the Latin American index rose 0.2% to 235.12 and the emerging markets index increased 0.2% to 307.09.

ADRs of Banco Santander S.A. fell 3.3% to $4.09. The Spanish banking company on Wednesday reported lower earnings for the third quarter. It took a $1.65 billion charge related to its business in the United Kingdom, largely because a difficult regulatory environment.

ADRs of BP PLC rose 1.4% to $38.46. The energy company on Tuesday reported a loss for the third quarter and lower revenue. On Wednesday, the company also said in a statement that "no decision has yet been made with respect to the 4Q 2019 or any future dividend."

Write to Allison Prang at [e-mail]

(END) Dow Jones Newswires

October 30, 2019 17:36 ET (21:36 GMT)

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