SW Sodexo

By Sabela Ojea

International stocks trading in New York closed mostly lower on Wednesday.

The S&P/BNY Mellon index of American depositary receipts fell 0.3% to 152.06. The European index rose 0.3% to 149.24, the Asian index dropped 1.2% to 173.22, the Latin American index slipped 0.5% to 184.29 and the emerging markets index declined 1.2% to 288.85.

ADRs of Sodexo SA closed up 12% to $21.96 after the French catering contractor outlined a plan to split itself into two companies and raised guidance for fiscal 2023.

ADRs of TotalEnergies SE rose 1% to $62.72 on the news that the French company and the Iraqi government are moving ahead with an investment plan to boost electricity production in the country.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

April 05, 2023 18:11 ET (22:11 GMT)

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