ADRs End Higher; Akso Health Group Climbs 33.6%

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International stocks trading in New York closed higher on Friday, as the S&P/BNY Mellon index of American depositary receipts rose 0.5% to 153.64.

The European index increased 0.6% to 150.60. The Asian index added 0.5% to 174.02. The Latin American index fell 0.2% to 199.85, while the emerging-markets index gained 0.3% to 290.13.

Akso Health Group, which is based in China, was the biggest leader during the session, soaring 33.6% to 47 cents, and United Kingdom-based Mereo BioPharma Group PLC surged 14.3% to $1.60. 51Talk Online Education Group, which is based in China, rounded out the top three leaders on Friday, with shares increasing 9.8% to $7.68.

Yunji Inc., based in Hong Kong, posted the largest decline plunging 18.3% to 66 cents, followed by shares of Germany's Mynaric AG, which tumbled 13.1% to $4.39. Shares of Japan-based Yoshitsu Co. Ltd. plunged 11.8% to 81 cents.

Data source: Dow Jones Market Data, FactSet.

(END) Dow Jones Newswires

August 25, 2023 16:55 ET (20:55 GMT)

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