ADRs End Lower; Purple Biotech Ltd. Declines 27%

Dow Jones
05 Dec 2024

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

International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts fell 0.2% to 183.78.

The European index dropped 0.2% to 168.52. The Asian index fell 0.1% to 236.58. The Latin American index fell 0.4% to 184.27, while the emerging-markets index gained 0.2% to 383.12.

Purple Biotech Ltd., based in Israel, posted the largest decline, plummeting 27% to $4.82, followed by shares of Israel's Can-Fite Biopharma Ltd., which plummeted 20% to $1.59. Shares of United Kingdom-based Argo Blockchain PLC plunged 17% to 68 cents.

China's Hesai Group was the biggest leader during the session, jumping 19% to $9.53, and Australia-based Alterity Therapeutics Ltd. jumped 17% to $1.88. iClick Interactive Asia Group Ltd., which is based in Hong Kong, rounded out the top three leaders on Wednesday, with shares jumping 16% to $5.58.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 04, 2024 16:31 ET (21:31 GMT)

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