ADRs Close Higher; Silicon Motion Technology Corp. Climbs 22%

Dow Jones
19 hours ago

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

International stocks trading in New York closed higher on Thursday, as the S&P/BNY Mellon index of American depositary receipts rose 3.2% to 270.96.

The European index gained 2.3% to 243.53. The Asian index gained 4.3% to 355.26. The Latin American index added 2.7% to 280.73, while the emerging-markets index gained 5.2% to 588.27.

Taiwan's Silicon Motion Technology Corp. was the biggest leader during the session, rocketing 22% to $255.10, and China-based Youlife Group Inc. surged 20% to 42 cents. VNET Group Inc., which is based in China, rounded out the top three leaders on Thursday, with shares jumping 16% to $7.32.

Rentokil Initial PLC, based in United Kingdom, posted the largest decline, plunging 18% to $24.25, followed by shares of China's PomDoctor Ltd., which plunged 18% to 58 cents. Shares of China-based 17 Education & Technology Group Inc. tumbled 14% to $1.75.

Data source: Dow Jones Market Data, FactSet

 

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