ADRs Close Lower; TC Biopharm (Holdings) Declines 26%

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International stocks trading in New York closed lower on Monday, as the S&P/BNY Mellon index of American depositary receipts declined 0.4% to 159.05.

The European index fell 0.4% to 155.50. The Asian index fell 0.5% to 180.95. The Latin American index dropped 0.2% to 209.15, while the emerging-markets index dropped 0.6% to 294.21.

TC BioPharm (Holdings), based in United Kingdom, posted the largest decline, and cratered 26% to 42 cents, followed by shares of Australia's Kazia Therapeutics Ltd., which plunged 15% to 60 cents. Shares of China-based Tarena International Inc. fell 14% to $1.14.

Israel's RedHill Biopharma was the biggest leader during the session, and rocketed 217% to $1.00, and United Kingdom-based Biodexa Pharmaceuticals soared 83% to $5.11. SaverOne 2014, which is based in Israel, rounded out the top three leaders on Monday, with shares that soared 44% to 42 cents.

Data source: Dow Jones Market Data, FactSet.

(END) Dow Jones Newswires

11-27-23 1653ET