ADRs Mostly Climb Friday
|02/19/2021 | 04:37pm|
By Allison Prang
International stocks trading in New York mostly rose Friday.
Turkcell Iletisim Hizmetleri A.S. and Controladora Vuela Compañía de Aviación, S.A.B. de C.V., or Volaris, were among the companies with ADRs that traded actively.
The S&P/BNY Mellon index of American depositary receipts rose 0.8% to 171.26. The European index increased 0.4% to 133.59, the Asian index improved 1.2% to 268.28, the Latin American index fell less than 0.1% to 191.62 and the emerging markets index increased 1.1% to 471.84.
ADRs of Turkcell Iletisim Hizmetleri rose 2.7% to $6. The Turkey-based company reported its fourth-quarter results on Friday. Revenue climbed from a year ago, as well as the company's net income.
ADRs of airline company Controladora Vuela Compañía de Aviación, or Volaris, increased 7.1% to $14.79. The Mexico-based company reported fourth-quarter results late Thursday. Its net income and operating revenues fell from a year ago. Volaris said it "expects weakness in demand and booking curves to compress" for the current quarter.
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(END) Dow Jones Newswires