ADRs Slump; FLJ Group Declines 21%

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International stocks trading in New York closed lower on Tuesday, as the S&P/BNY Mellon index of American depositary receipts fell 1.2% to 163.59.

The European index fell 0.8% to 159.26. The Asian index declined 1.7% to 186.38. The Latin American index dropped 1.3% to 222.34, while the emerging-markets index fell 2.0% to 306.43.

FLJ Group, based in China, posted the largest decline, plummeting 21% to $1.58, followed by shares of China's Fresh2 Group, which tumbled 20% to 71 cents. Shares of China-based ATA Creativity Global tumbled 16% to 97 cents.

China's Akso Health Group was the biggest leader during the session, rocketing 53% to $1.13, and Sweden-based Eco Wave Power Global rocketed 22% to $1.51. I-Mab, which is based in China, rounded out the top three leaders on Tuesday, with shares surging 18% to $2.25.

Data source: Dow Jones Market Data, FactSet.

(END) Dow Jones Newswires

January 02, 2024 16:53 ET (21:53 GMT)

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