ADRs End Lower; XIAO-I Corp. Declines 29%

Dow Jones
Oct 08

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

International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts fell 1.4% to 274.09.

The European index fell 1.1% to 234.57. The Asian index fell 1.7% to 377.27. The Latin American index fell 1.8% to 289.67, while the emerging-markets index fell 1.7% to 637.14.

XIAO-I Corp., based in China, posted the largest decline, cratering 29% to $1.32, followed by shares of China's Scage Future, which cratered 21% to 18 cents. Shares of China-based PomDoctor Ltd. tumbled 16% to 85 cents.

Hong Kong's Amber International Holding Ltd. was the biggest leader during the session, jumping 15% to $2.28, and China-based 9F Inc. jumped 14% to $2.73. Londian Wason New Energy Tech Inc., which is based in China, rounded out the top three leaders on Wednesday, with shares increasing 9.7% to $18.28.

Data source: Dow Jones Market Data, FactSet

 

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