ADRs Close Lower; Intchains Group Ltd. Declines 44%

Dow Jones09-28

This article was automatically generated by Dow Jones 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 fell 0.9% to 190.91.

The European index fell 0.3% to 181.29. The Asian index declined 1.7% to 233.83. The Latin American index dropped 0.1% to 199.94, while the emerging-markets index dropped 1.3% to 387.11.

Intchains Group Ltd., based in China, posted the largest decline, plummeting 44% to $4.75, followed by shares of China's YXT.COM Group Holding Ltd., which tumbled 16% to $3.68. Shares of Hong Kong-based Graphex Group Ltd. plunged 12% to 17 cents.

China's Uxin Ltd. was the biggest leader during the session, soaring 84% to $5.20, and China-based 9F Inc. soared 76% to $2.30. TCTM Kids IT Education Inc., which is based in China, rounded out the top three leaders on Friday, with shares soaring 47% to $1.40.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

September 27, 2024 16:30 ET (20:30 GMT)

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