DJ Infosys Ltd. ADR Rises Wednesday, Still Underperforms Market
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The Infosys Ltd. ADR $(INFY)$ inched 0.23% higher to $17.79 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.86% to 5,248.49 and the Dow Jones Industrial Average rising 1.22% to 39,760.08.
This was the ADR's second consecutive day of gains.
Infosys Ltd. ADR closed $2.95 short of its 52-week high ($20.74), which the company reached on February 6th.
The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Accenture PLC Cl A $(ACN)$ rose 1.35% to $340.94, Oracle Corp. $(ORCL)$ fell 0.95% to $125.27, and HP Inc. $(HPQ)$ rose 0.43% to $30.12.
Trading volume (5.4 M) remained 2.6 million below its 50-day average volume of 8.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2024.
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(END) Dow Jones Newswires
March 27, 2024 17:31 ET (21:31 GMT)
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