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Name | Symbol | Market | Type |
---|---|---|---|
Bayer Aktiengesellschaft (PK) | USOTC:BAYRY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.07 | 1.00% | 7.04 | 6.98 | 7.05 | 7.09 | 6.98 | 7.05 | 707,797 | 21:00:30 |
By Kathryn Hardison
International stocks trading in New York closed lower on Tuesday.
The S&P/BNY Mellon index of American depositary receipts fell 0.6% to 148.38. The European index declined 0.9% to 145, the Asian index edged 0.1% lower to 170.07, the Latin American index dropped 0.7% to 186.69 and the emerging markets index decreased 0.4% to 282.13.
Bayer AG and Erste Group Bank AG were among the companies with ADRs that traded actively.
ADRs of Bayer AG declined 4.5% after the German agricultural and pharmaceutical company reported fourth-quarter profit that missed expectations despite higher sales. The company also guided for full-year earnings to be lower than the year prior as inflation remains high.
ADRs of Erste Group Bank AG rose 5.1% after the Austrian lender said fourth-quarter profit beat expectations as net interest income jumped on the back of rate hikes and loan growth.
ADRs of Sibanye-Stillwater Ltd. fell 2.8% after the company reported a near-halved net profit for 2022, attributing it to factors such as industrial action, bad weather and the challenging macroeconomic and geopolitical environment.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
February 28, 2023 18:27 ET (23:27 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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