By Denny Jacob

 

International stocks trading in New York closed higher on Monday.

The S&P/BNY Mellon index of American depositary receipts edged up 1.4% to 136.55. The European index moved up 1.5% to 127.69. The Asian index rose 1.2% to 164.80. The Latin American index gained 1.3% to 191.29, while the emerging-markets index advanced 1.5% to 286.52.

Akari Therapeutics Plc was among those whose ADRs traded actively.

The clinical-stage biopharmaceutical company plummeted 28% after it said that it expects roughly $12.8 million in gross proceeds following the sale of 15 million of its American depository shares for 85 cents each.

Steelmaker ArcelorMittal SA rose 2.7% following a new joint venture agreement with SigmaRoc PLC to create a new lime production company.

 

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

 

(END) Dow Jones Newswires

September 12, 2022 18:26 ET (22:26 GMT)

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