By Denny Jacob

 

International stocks trading in New York closed higher Friday.

The S&P/BNY Mellon index of American depositary receipts rose 3.7% to 128.80. The European index moved up 3.4% to 125.90. The Asian index gained 4.3% to 142.23. The Latin American index advanced 2.7% to 195.06, while the emerging-markets index climbed 4.4% to 246.64.

Alibaba Group Holding Ltd. was among those whose ADRs traded actively.

The Chinese e-commerce company gained 7.1% following a report that U.S. audit officials have completed the first round of on-site inspection of U.S.-listed Chinese companies.

Pharmaceutical company AstraZeneca PLC rose 1.8% after nirsevimab, a treatment for the prevention of respiratory syncytial virus, a lower respiratory tract disease in infants, was approved in the European Union.

 

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

 

(END) Dow Jones Newswires

November 04, 2022 19:01 ET (23:01 GMT)

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