ADRs End Higher; Deutsche Bank Trades Actively

   By Imani Moise 
 

International stocks trading in New York ended Friday higher.

Deutsche Bank AG (DB) and UBS Group AG (UBS) were among companies with American depositary receipts that traded actively.

During Friday trading, the BNY Mellon index of American depositary receipts rose 0.5% to 151.13. The European index increased 0.3% to 140.58, the Asian index improved 0.9% to 175.61, the Latin American index rose 1.2% to 258.82 and the emerging markets index increased 0.9% to 328.12.

Deutsche Bank fell 0.7% to $16.58 after agreeing along with Citigroup Inc. (C) and HSBC Holdings PLC (HSBC) to pay about $132 million in total to resolve accusations they rigged a lending benchmark. ADRs of HSBC ended the day unchanged.

UBS edged up 0.6% to $17.28 after The Wall Street Journal reported Chinese regulators dropped a lawsuit against the bank over its conduct in a 2009 initial public offering of a Chinese timber firm now in liquidation.

ADRs of Rio Tinto PLC (RIO) jumped 4% to $50.01 after higher-than-expected Chinese imports last month boosted mining stocks industrywide.

Write to Imani Moise at [e-mail]

(END) Dow Jones Newswires

October 13, 2017 18:22 ET (22:22 GMT)

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