ADRs Close Higher; Addex Therapeutics Climbs 21%

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International stocks trading in New York closed higher on Thursday, as the S&P/BNY Mellon index of American depositary receipts rose 0.5% to 166.88.

The European index rose 0.7% to 161.77. The Asian index was flat at 192.90. The Latin American index gained 1.4% to 216.87, while the emerging-markets index increased 0.5% to 312.33.

Switzerland's Addex Therapeutics was the biggest leader during the session, and soared 21% to $10.46, and China-based QuantaSing Group jumped 14% to $3.02. Nokia, which is based in Finland, rounded out the top three leaders on Thursday, with shares up 11% to $3.80.

RedHill Biopharma, based in Israel, posted the largest decline, cratered 40% to 65 cents, followed by shares of China's Concord Medical Services Holdings, which plunged 16% to 78 cents. Shares of United Kingdom-based TC BioPharm (Holdings) plunged 15% to $1.75.

Data source: Dow Jones Market Data, FactSet.

(END) Dow Jones Newswires

January 25, 2024 16:58 ET (21:58 GMT)

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