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Indebta > Investing > ADRs End Mostly Higher, Kingsoft Cloud and Tuya Trade Actively
Investing

ADRs End Mostly Higher, Kingsoft Cloud and Tuya Trade Actively

News Room
Last updated: 2023/06/11 at 3:22 AM
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By Denny Jacob


International stocks trading in New York closed mostly higher on Friday.

The S&P/BNY Mellon index of American depositary receipts ticked up 0.2% to 153.31. The European index edged down 0.4% to 148.05. The Asian index climbed 0.9% to 176.72. The Latin American index rose 1.5% to 204.45, while the emerging-markets index advanced 1.1% to 297.24.

Kingsoft Cloud Holdings was among those whose ADRs traded actively.

The Chinese cloud storage company rose 7.7% after it said its chief executive purchased 2 million shares of the company.

Cloud development platform Tuya gained 4.3% despite earlier in the week reporting lower revenue in the first quarter and warning of persistent market challenges throughout the rest of the year.


Write to Denny Jacob at denny.jacob@wsj.com


Read the full article here

News Room June 11, 2023 June 11, 2023
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