ADRs End Lower; Canaan Inc. Declines 30%

Dow Jones08-01 04:31

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 0.2% to 270.36.

The European index dropped 0.8% to 241.68. The Asian index added 0.4% to 356.53. The Latin American index increased 0.2% to 281.15, while the emerging-markets index increased 0.5% to 591.26.

Canaan Inc., based in China, posted the largest decline, plummeting 30% to 17 cents, followed by shares of Israel's Steakholder Foods Ltd., which plunged 15% to $2.40. Shares of United Kingdom-based Biodexa Pharmaceuticals PLC tumbled 11% to $1.32.

Brazil's Banco Santander (Brasil) S.A. was the biggest leader during the session, surging 12% to $5.67, and Sweden-based Einride AB surged 12% to $5.50. 17 Education & Technology Group Inc., which is based in China, rounded out the top three leaders on Friday, with shares jumping 10% to $1.93.

Data source: Dow Jones Market Data, FactSet

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