ADRs end lower; Onion Global and Wolters Kluwer among actively trading companies

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   By Kimberly Chin 
 

International stocks traded in New York City ended lower on Friday. The S & P / BNY Mellon U.S. Certificate of Deposit Index fell 1.3% to 164.33. The European index slipped 0.7% to 147.31. The Asian index fell 2% to 219.67. The Latin American index fell 2.6% to 175.34. And the emerging markets index fell 2.4% to 360.25.

The ADRs of Onion Global Ltd. fell 38% after the company said it agreed with some institutional and accredited investors to raise $ 25 million in a private placement.

Wolters Kluwer NV’s ADRs, which are traded over-the-counter, fell 1.7% after the company announced on Friday it had acquired LicenseLogix LLC, a US provider of commercial licensing services. The Netherlands-based information, software and services company said the deal is expected to have a negligible impact on its adjusted profits for the first full year.

Banco Bilbao Vizcaya Argentaria SA’s ADRs rose 5.8% after the Spanish bank announced a third quarter profit increase and said it was given the green light to launch a buyback program.

Novo Nordisk AS ADRs rose 2.3% on Friday after the Danish pharmaceutical company raised its full-year sales and operating profit forecast to reflect higher-than-expected market share gains in its drug Ozempic glucagon-like peptide-1 (GLP-1) for the treatment of type 2 diabetes, growth of the GLP-1 market and sales of obesity care, mainly in the United States

 

Write to Kimberly Chin at [email protected]

 

(END) Dow Jones Newswires

October 29, 2021 19:11 ET (23:11 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.


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