{"id":8399,"date":"2023-05-14T00:48:52","date_gmt":"2023-05-14T04:48:52","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/adrs-end-mostly-lower-sabesp-scor-richemont-trade-actively\/"},"modified":"2023-05-14T00:48:53","modified_gmt":"2023-05-14T04:48:53","slug":"adrs-end-mostly-lower-sabesp-scor-richemont-trade-actively","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=8399","title":{"rendered":"ADRs End Mostly Lower; Sabesp, Scor, Richemont Trade Actively"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230512-714487\" role=\"document\">\n<p>By Sabela Ojea<\/p>\n<pre><\/pre>\n<p>International stocks trading in New York closed mostly lower on Friday.<\/p>\n<p>The S&amp;P\/BNY Mellon index of American depositary receipts fell 0.3% to 150.64. The European index declined 0.2% to 149.84, the Asian index dropped 0.6% to 166.12, the Latin American index rose 0.9% to 192.28 and the emerging markets index dropped 0.8% to 274.85.<\/p>\n<div class=\"paywall\">\n<p>ADRs of Companhia de Saneamento Basico do Estado de Sao Paulo on Friday closed up 8% to $10.58 after the water and sewerage utility reported better-than-expected expense figures for the first quarter.<\/p>\n<p>ADRs of Compagnie Financiere Richemont finished up 3.4% to $17.21 after the Swiss luxury-goods major said it was confident of further cashing in on a recovery in Chinese demand.<\/p>\n<p>ADRs of Scor closed up 8.4% to $2.79 after the French reinsurer posted first-quarter results which analysts said beat expectations.<\/p>\n<pre><\/pre>\n<p>Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/adrs-end-mostly-lower-sabesp-scor-richemont-trade-actively-a79fa362?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 mostly lower on Friday. The S&amp;P\/BNY Mellon index of American depositary receipts fell 0.3% to 150.64. The European index declined 0.2% to 149.84, the Asian index dropped 0.6% to 166.12, the Latin American index rose 0.9% to 192.28 and the emerging markets index dropped 0.8% [&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-8399","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 Mostly Lower; Sabesp, Scor, Richemont Trade Actively | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Sabela Ojea International stocks trading in New York closed mostly lower on Friday. 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