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ADRs Slump; Argo Blockchain PLC Declines 16%

Dow Jones06-22

International stocks trading in New York closed lower on Friday, as the S&P/BNY Mellon index of American depositary receipts dropped 0.5% to 182.70.

 

The European index dropped 0.4% to 178.12. The Asian index fell 0.8% to 216.06. The Latin American index rose 0.2% to 189.56, while the emerging-markets index declined 0.6% to 355.09.

Argo Blockchain PLC, based in United Kingdom, posted the largest decline, tumbling 16% to $1.07, followed by shares of Switzerland's Molecular Partners AG, which plunged 13% to $9.60. Shares of Netherlands-based Pharming Group N.V. tumbled 11% to $7.27.

Japan's Lead Real Estate Co. Ltd. was the biggest leader during the session, rocketing 22% to $8.70, and United Kingdom-based Akari Therapeutics PLC surged 20% to $3.71. Novonix Ltd., which is based in Australia, rounded out the top three leaders on Friday, with shares jumping 17% to $1.99.

 

(END) Dow Jones Newswires

June 21, 2024 16:31 ET (20:31 GMT)

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