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ADRs End Mostly Higher, Kingsoft Cloud and Tuya Trade Actively

By Denny Jacob


International stocks trading in New York closed mostly higher on Friday.

The S&P/BNY Mellon index of American depositary receipts ticked up 0.2% to 153.31. The European index edged down 0.4% to 148.05. The Asian index climbed 0.9% to 176.72. The Latin American index rose 1.5% to 204.45, while the emerging-markets index advanced 1.1% to 297.24.

Kingsoft Cloud Holdings was among those whose ADRs traded actively.

The Chinese cloud storage company rose 7.7% after it said its chief executive purchased 2 million shares of the company.

Cloud development platform Tuya gained 4.3% despite earlier in the week reporting lower revenue in the first quarter and warning of persistent market challenges throughout the rest of the year.


Write to Denny Jacob at


(END) Dow Jones Newswires

June 09, 2023 18:23 ET (22:23 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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