By Denny Jacob

 

International stocks trading in New York closed higher Monday.

The S&P/BNY Mellon index of American depositary receipts edged up 2.6% to 123.34. The European index gained 2.7% to 115.79. The Asian index ticked up 1.5% to 145.47. The Latin American index jumped 8.1% to 188.56, while the emerging-markets index advanced 2.4% to 254.94.

ABB Ltd. was among those whose ADRs traded actively.

The Swiss technology company ticked down 0.5% after it said it had completed the spinoff of its turbocharging unit, now called Accelleron, offering one new Accelleron share for every 20 ABB shares held.

Pharmaceutical company AstraZeneca PLC edged up 1.3% after the company said it agreed to pay $2.07 a share in cash for LogicBio Therapeutics Inc. in a deal valued around $68 million.

 

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

 

(END) Dow Jones Newswires

October 03, 2022 18:14 ET (22:14 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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