ADRs End Higher; Immuron, 51job Among Companies Actively Trading

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by Kimberly Chin

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International stock trading in New York closed with gains on Wednesday. The S&P/BNY Mellon Index for US Depository Receipts rose 1.2% to 167.88. The European index rose 0.7% to 150.74. The Asian index rose 1.8% to 222.19. The Latin American index rose 2.1% to 188.73. And the Emerging Markets Index rose 2% to 364.01.

Immuron Ltd.’s ADR increased by 46% after the company said it had received 4.8 million Australians in funding in a new research agreement with the US Department of Defense for a study to clinically evaluate a military strength dosing regimen for Travelon. dollars ($3.4 million) was awarded. ,

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51job Inc. amid renewed hopes of a deal to take the human-resources services provider private. ADRs of 9.1% increased by 9.1%. The Shanghai Company said it had received a letter from Garnet Faith Limited proposing to reduce the acquisition price from $79.05 per share to $57.25 per share, and to reduce the joint ownership of DCP Capital Partners II LP and Ocean Link Partners Limited in the company. Is. Deals close to 9.99% off.

Koninklijke Philips NV’s ADRs fell 15% after the company said sales for the final quarter of the year were below its expectations, blaming global supply-chain constraints and the suspension of customer equipment installations.

Write to Kimberly Chin at [email protected]

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