international stocks trading in new york closed higher on thursday the spbny mellon index of american depositary receipts rose 22 to 12198 the european index increased 28 to 11601 the asian index rose 15 to 14120 the latin american index increased 19 to 18422 and the emerging markets index increased 15 to 24524 international consolidated airlines group sa and taiwan semiconductor manufacturing co were among the companies with adrs that traded actively adrs of international consolidated airlines climbed 10 after it reported that performance in the third quarter has been better than expected driven by passenger revenue strength the company said forward bookings remained at expected levels for the time of year with no indication of weakness taiwan semiconductor manufacturing adrs rose 39 after the company said its thirdquarter net profit rose 80 from a year ago because of a surge in revenue and higher margins the worlds largest contract chip maker also said that it had been granted a oneyear exemption from new us restrictions on chinas chip sector allowing it to keep expanding its facilities in the country still executives flagged a likely decline in the semiconductor industry next year and cut the companys capital expenditure forecast by about 10 for the current year adrs of volkswagen ag rose 3 after the company said it will invest more than 2 billion euros 194 billion in a joint venture in china that aims to advance efficiency in automated driving