Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

ADR REPORT-Foreign shares tumble as commods slide, dollar jumps

Wed, 17th Apr 2013 19:53

NEW YORK, April 17 (Reuters) - U.S.-listed shares of foreigncompanies tumbled on Wednesday, with commodity-relatedcompanies taking the hardest hit as basic materials pricescontinued to slide.

Brent and U.S. crude prices fell more than 2 percent, and anindex of U.S.-traded European oil and gas companies slid 2.3 percent.

Commodity-heavy markets fell sharply, with Americandepositary receipts of Brazilian companies down 2.8percent. ADRs of Petrobras fell 3.6 percent to $15.47and those of Vale were down 1.9 percent at $15.85

The BNY Mellon index of leading ADRs dropped 1.9percent, while the S&P 500 index was down 1.3 percent.

ADRs were further pressured by strength in the U.S. dollar.The dollar index rose 1.1 percent, on track for itslargest daily percentage gain in more than nine months.

The BNY Mellon index of leading European ADRs dropped 2.1 percent. ADRs of BHP Billiton plc fell 4.8percent to $54.18.

Bucking the trend, GlaxoSmithKline ADRs rose 1.3percent to $50 after an advisory panel to the U.S. regulatorsrecommended the approval of an experimental treatment forsmoking-related lung damage made by Glaxo and Theravance Inc.

The BNY Mellon index of leading Asian ADRs fell 1.3percent, while Japanese ADRs shed 0.5 percent as someexporters posted small gains on the back of a weaker yen.

ADRs of Canon rose 2.7 percent.

Related Shares

More News
Today 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:

2 May 2024 19:57

GSK knew about Zantac cancer risk, attorneys tell jury in first trial

May 2 (Reuters) - U.S. attorneys for a woman who claims her colon cancer was caused by the now discontinued heartburn drug Zantac on Thursday told a...

2 May 2024 09:48

LONDON BROKER RATINGS: Deutsche Bank likes TP ICAP but says sell CMC

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

1 May 2024 19:39

Bird flu testing shows more dairy products are safe, US FDA says

CHICAGO, May 1 (Reuters) - Preliminary results of tests on additional dairy products show that pasteurization inactivates the bird flu virus, the U....

1 May 2024 17:31

UK's FTSE 100 slips ahead of Fed outcome, energy stocks weigh

FTSE 100 down 0.3%, FTSE 250 off 0.2% *

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.