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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Gerdau SA | NYSE:GGB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.06 | 1.72% | 3.55 | 3.63 | 3.52 | 3.55 | 6,893,669 | 00:59:13 |
International stocks trading in New York closed lower on Monday.
The BNY Mellon index of American depositary receipts fell 3.9% to 126.08. The European index decreased 3.4% to 128.38, the Asian index dropped 5.1% to 127.65, the Latin American index fell 4.3% to 162.19 and the emerging markets index declined 4.8% to 204.51. Chinese firms and commodities producers were among the companies with ADRs that traded actively.
Global stocks and commodity prices tumbled in volatile markets on Monday following last week's a sharp selloff of Chinese shares. Some of the world's biggest natural-resources companies hit multiyear lows Monday, outpacing a broader market rout sparked by concerns over a slowing economy in China.
Among Chinese companies with ADRs, VisionChina Media Inc. (VISN) slid 18% to $8.12, search-engine company Baidu Inc. (BIDU, K3SD.SG) fell 7.7% to $141.08, social media platform Weibo Corp. (WB) tumbled 20.48% to $9.67, Sinopec Shanghai Petrochemical Co. (SHI, 0338.HK, 600688.SH, K3DD.SG) dropped 13% to $30.66, cosmetics retailer Jumei International Holding Ltd. (JMEI) plunged 16% to $9.91, e-commerce platform Wowo Ltd. (WOWO) skidded 16% to $5.90.
The biggest decliners also included ADRs of mining and metals producers. BHP Billiton Ltd. (BHP, BHP.AU) fell 7.2% to $32.18 and BHP Billiton PLC (BBL, BLT.LN) dropped 7.6% to $30.50. Rio Tinto PLC (RIO, RIO.LN, RIO.AU) decreased 5.1% to $34.14. Vale SA (VALE, VALE3.BR, VALE5.BR, VALE5.FR) fell 8.8% to $4.33. Aluminum Corp. of China Ltd. (ACH, K3HD.SG) tumbled 7.2% to $7.72.
Among major oil companies, BP PLC (BP, BP.LN) retreated nearly 6% to $31.19, Eni SpA (E, ENI.MI) dropped 4.4% to $30.70, Royal Dutch Shell PLC (RDSA, RDSA.LN) declined 5.2% to $49.73 and Total SA (TOT, FP.FR) decreased 4.9% to $43.77.
Among steelmakers, ArcelorMittal (MT, MT.FR, MT.AE) dropped 7.3% to $7.66, Companhia Siderurgica Nacional (SID, CSNA3.BR) slid 9.9% to 77 cents and Gerdau SA (GGB, GGBR3.BR, GGBR4.BR) skidded 10% to $1.33.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
August 24, 2015 17:22 ET (21:22 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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