ADRs End Mostly Lower; Trina Solar Rises

International stocks trading in New York were mostly lower on Monday.

Trina Solar Ltd. (TSL, K3KD.SG) was among the companies with ADRs that traded actively. The BNY Mellon index of American depositary receipts edged down 0.17% to 124.76. The European index eased 0.44% to 123.97, the Asian index rose 0.54% to 135.67, the Latin American index fell 0.67% to 148.49 and the emerging markets index edged up 0.39% to 213.81.

Trina Solar said it received a buyout offer from a group that includes its chief executive, in the latest such proposed deal for a Chinese company with American depositary shares. ADRs of the world's largest maker of solar panels rose 12% to $10.66.

AstraZeneca PLC (AZN) confirmed Monday that it was exploring "strategic options" with Acerta Pharma BV, after The Wall Street Journal last week reported that the U.K. pharmaceutical company was in talks to pay more than $5 billion for the private biotech company. AstraZeneca's ADRs fell 25 cents to $33.

Royal Dutch Shell PLC (RDSA, RDSA.LN) plans to shed 2,800 jobs after merging with BG Group PLC next year, trimming 3% of the combined company's workforce as the energy group struggles with a prolonged slump in oil prices. The job cuts were disclosed the same day that Shell and BG said Chinese regulators had given "unconditional" approval for the merger, the final major antitrust hurdle the companies said they faced. Shell's ADRs declined 1.3% to $43.95.

Write to Tess Stynes at [e-mail]

(END) Dow Jones Newswires

December 14, 2015 18:19 ET (23:19 GMT)

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