ADRs Advance; Intchains Group Ltd. Climbs 29%

Dow Jones08-31

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

International stocks trading in New York closed higher on Friday, as the S&P/BNY Mellon index of American depositary receipts increased 0.5% to 188.53.

The European index gained 0.3% to 186.14. The Asian index gained 0.9% to 218.99. The Latin American index declined 0.1% to 196.58, while the emerging-markets index increased 0.9% to 354.71.

China's Intchains Group Ltd. was the biggest leader during the session, rocketing 29% to $7.32, and China-based Connect Biopharma Holdings Ltd. soared 25% to $1.60. Polestar Automotive Holding UK PLC, which is based in United Kingdom, rounded out the top three leaders on Friday, with shares jumping 14% to $1.22.

NuCana PLC, based in United Kingdom, posted the largest decline, cratering 53% to $3.66, followed by shares of China's Sunlands Technology Group, which plummeted 39% to $4.79. Shares of China-based XChange TEC.INC plummeted 24% to 66 cents.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

August 30, 2024 16:30 ET (20:30 GMT)

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