ADRs End Lower; Secoo Holding Declines 28%

Dow Jones2023-12-21

This article was automatically generated by MarketWatch using technology from Automated Insights.

 

International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts fell 1.6% to 161.12.

The European index fell 1.2% to 156.87. The Asian index declined 2.2% to 183.17. The Latin American index fell 1.4% to 220.42, while the emerging-markets index dropped 2.4% to 303.78.

Secoo Holding, based in China, posted the largest decline, cratered 28% to 51 cents, followed by shares of Netherlands's argenx SE, which plummeted 25% to $338.91. Shares of United Kingdom-based NuCana plunged 16% to 29 cents.

China's Puyi was the biggest leader in the session, with shares that rocketed 25% to $3.65, and China-based The9 soared 22% to $9.50. Adagene, which is based in China, rounded out the top three leaders on Wednesday, with shares gained almost 22% to $1.80.

 

Data source: Dow Jones Market Data, FactSet.

 

(END) Dow Jones Newswires

December 20, 2023 16:59 ET (21:59 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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