{"id":36190,"date":"2023-07-15T20:00:14","date_gmt":"2023-07-16T00:00:14","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/adrs-end-lower-ericsson-brf-and-vallourec-trade-actively\/"},"modified":"2023-07-15T20:00:15","modified_gmt":"2023-07-16T00:00:15","slug":"adrs-end-lower-ericsson-brf-and-vallourec-trade-actively","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=36190","title":{"rendered":"ADRs End Lower, Ericsson, BRF and Vallourec Trade Actively"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230714-708353\" role=\"document\">\n<p>By Sabela Ojea<\/p>\n<pre><\/pre>\n<p>International stocks trading in New York closed lower on Friday.<\/p>\n<p>The S&amp;P\/BNY Mellon index of American depositary receipts fell 0.6% to 157.67. The European index declined 0.4% to 151.86, the Asian index was 0.8% lower at 183.41, the Latin American index dropped 1.4% to 206.08 and the emerging markets index fell 0.9% to 306.89.<\/p>\n<div class=\"paywall\">\n<p>ADRs of Ericsson on Friday closed 12% lower at $5.03 after the Swedish telecommunications-equipment company posted disappointing third-quarter guidance that missed analyst expectations.<\/p>\n<p>ADRs of BRF closed down 7.1% to $1.82 after the Brazilian food company announced the price it received for the sale of new shares. It sold 600 million new shares at 9.0 Brazilian reais each, raising a total of BRL5.4 billion.<\/p>\n<p>ADRs of Vallourec closed 4.7% higher at $2.65 after the French steel-tube maker said it was expecting its second-quarter results to exceed its prior expectations on its performance in the Middle East and because of smaller anticipated losses in Germany.<\/p>\n<pre><\/pre>\n<p>Write to Sabela Ojea at sabela.ojea@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/adrs-end-lower-ericsson-brf-and-vallourec-trade-actively-a53f4001?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Sabela Ojea International stocks trading in New York closed lower on Friday. The S&amp;P\/BNY Mellon index of American depositary receipts fell 0.6% to 157.67. The European index declined 0.4% to 151.86, the Asian index was 0.8% lower at 183.41, the Latin American index dropped 1.4% to 206.08 and the emerging markets index fell 0.9% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-36190","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ADRs End Lower, Ericsson, BRF and Vallourec Trade Actively | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Sabela Ojea International stocks trading in New York closed lower on Friday. 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