ADRs End Lower; Intchains Group Ltd. Declines 60%

Dow Jones
31 Dec 2024

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

International stocks trading in New York closed lower on Monday, as the S&P/BNY Mellon index of American depositary receipts declined 0.8% to 178.63.

The European index dropped 0.7% to 161.70. The Asian index declined 0.9% to 234.42. The Latin American index declined 0.7% to 173.56, while the emerging-markets index declined 1.0% to 374.60.

Intchains Group Ltd., based in China, posted the largest decline, cratering 60% to $3.70, followed by shares of Hong Kong's Graphex Group Ltd., which plummeted 26% to 32 cents. Shares of Colombia-based Almacenes Exito S.A. plunged 16% to $3.00.

China's Santech Holdings Ltd. was the biggest leader during the session, soaring 69% to $1.20, and Germany-based Mynaric AG rocketed 53% to 96 cents. Akso Health Group, which is based in China, rounded out the top three leaders on Monday, with shares soaring 32% to $1.48.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 30, 2024 16:30 ET (21:30 GMT)

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