ADRs Close Lower; Missfresh Declines 27%
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International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts dropped 0.1% to 157.38.
The European index gained 0.3% to 153.47. The Asian index dropped 0.7% to 180.25. The Latin American index fell 0.2% to 201.90, while the emerging-markets index declined 0.1% to 299.27.
Missfresh Ltd., based in China, posted the largest decline, plummeting 27% to $1.55, followed by shares of Germany's VIA optronics AG, which fell 23% to $1.38. Shares of China-based Leju Holdings Ltd. tumbled 19% to $2.17.
Australia's Bionomics Ltd. was the biggest leader during the session, rocketed 21.3% to $1.48, and Mexico-based Grupo Simec S.A.B. de C.V. surged 17.4% to $37. Sunlands Technology Group, which is based in China, rounded out the top three leaders on Wednesday, as shares gained 12% to $6.51.
Data source: Dow Jones Market Data, FactSet.
(END) Dow Jones Newswires
August 09, 2023 18:05 ET (22:05 GMT)
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