ADRs Close Lower; NIP Group Inc. Declines 35%

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

International stocks trading in New York closed lower on Thursday, as the S&P/BNY Mellon index of American depositary receipts dropped 0.6% to 188.02.

The European index declined 0.4% to 174.49. The Asian index declined 1.0% to 238.51. The Latin American index rose 0.6% to 185.01, while the emerging-markets index dropped 1.0% to 380.70.

NIP Group Inc., based in Sweden, posted the largest decline, plummeting 35% to $1.00, followed by shares of China's Highest Performances Holdings Inc., which cratered 24% to 15 cents. Shares of China-based Kuke Music Holding Ltd. plunged 16% to $2.00.

China's AirNet Technology Inc. was the biggest leader during the session, rocketing 22% to 68 cents, and Hong Kong-based Amber International Holding Ltd. jumped 19% to $11.00. iHuman Inc., which is based in China, rounded out the top three leaders on Thursday, with shares jumping 17% to $2.59.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 13, 2025 16:30 ET (20:30 GMT)

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