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International stocks trading in New York closed lower on Tuesday, as the S&P/BNY Mellon index of American depositary receipts dropped 1.2% to 153.77.

The European index dropped 1.0% to 150.78. The Asian index fell 1.6% to 174.81. The Latin American index declined 0.8% to 195.24, while the emerging-markets index dropped 1.4% to 289.55.

Sea Ltd., based in Singapore, posted the largest decline, cratering 29% to $40.58, followed by shares of United Kingdom's Akari Therapeutics PLC, which slid 21% to 19 cents. Shares of Germany-based Jumia Technologies AG tumbled 17% to $3.09.

Hong Kong's Yunji Inc. was the biggest leader during the session, surging 16% to 91 cents, and Israel-based XTL Biopharmaceuticals Ltd. jumped 13% to 95 cents. Secoo Holding Ltd., which is based in China, rose 7.7% to 60 cents.


Data source: Dow Jones Market Data, FactSet.


(END) Dow Jones Newswires

08-15-23 1727ET