ADRs Close Lower; UCloudlink Group Inc. Declines 28%

Dow Jones
Aug 19

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

International stocks trading in New York closed lower on Tuesday, as the S&P/BNY Mellon index of American depositary receipts declined 1.3% to 273.63.

The European index declined 0.5% to 245.18. The Asian index fell 2.2% to 362.03. The Latin American index dropped 0.9% to 261.96, while the emerging-markets index declined 2.6% to 594.92.

uCloudlink Group Inc., based in Hong Kong, posted the largest decline, cratering 28% to 49 cents, followed by shares of Hong Kong's Lion Group Holding Ltd., which cratered 25% to 56 cents. Shares of China-based XIAO-I Corp. tumbled 19% to 72 cents.

China's 9F Inc. was the biggest leader during the session, soaring 27% to $2.94, and Israel-based XTL Biopharmaceuticals Ltd. soared 24% to $3.23. Trinity Biotech PLC, which is based in Ireland, rounded out the top three leaders on Tuesday, with shares jumping 11% to $12.43.

Data source: Dow Jones Market Data, FactSet

 

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