ADRs End Lower, Leju Holdings Ltd. Declines 72%

This article was automatically generated by Dow Jones Newswires using technology from Automated Insights.

International stocks trading in New York closed lower on Friday, as the S&P/BNY Mellon index of American depositary receipts declined 2.0% to 175.20.

The European index fell 1.5% to 169.22. The Asian index dropped 2.7% to 205.73. The Latin American index fell 1.9% to 209.77, while the emerging-markets index was 3.1% lower at 327.59.

Leju Holdings Ltd., based in China, posted the largest decline, falling 72% to 30 cents, followed by shares of China's Lixiang Education Holding Co. Ltd., which declined 33% to 44 cents. Shares of China-based Kuke Music Holding Ltd. fell 22% to $2.19.

Australia's Mobilicom Ltd. was the biggest leader during the session, surging 12% to $1.27. Australia-based Alterity Therapeutics Ltd. jumped 12% to $2.94. Akari Therapeutics PLC, which is based in the U.K., rounded out the top three leaders on Friday, with shares rising 10% to $1.21.

Data source: Dow Jones Market Data, FactSet.

(END) Dow Jones Newswires

April 12, 2024 16:59 ET (20:59 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.