NEW YORK (
TheStreet) -- Global indices have had a rough ride this past week as the
S&P 500 lost 4.3%, the
Dow Jones Industrial Average declined 4.1%, the Shanghai Composite was down 6.7%, Brazil's Bovespa fell 4.2% and India's Nifty Index inched down 0.3%.
Despite this mayhem, there are a few emerging-market ADRs that outperformed both domestic and foreign bourses, gaining anywhere between 2% and 12%.
(BJGP), a China-based pharmaceutical company, gained 12.3%. Average five-day volume stood at 410,037 shares, compared with the 52-week average of 103,690 shares. Recently, Susquehanna Financial Group assigned a positive rating to the stock and a price target of $7, implying 30% upside over current levels.
(GIGM - Get Report) gained 11.3%. The company provides online entertainment software and services to the online gaming industry in China. Recently, Roth Capital Partners assigned a hold rating to the stock with a price target of $3, representing 32% upside over current levels.
(GSOL - Get Report) increased 7.5%, touching a 52-week high of $8.04 earlier this week.
The stock was among the
major gainers last week
as well. The company's board recently increased its upcoming cash tender offer to purchase 11.12 million shares, up from 6.67 million shares. However, the purchase price remains at $9 per share.
JA Solar Holdings
(JASO - Get Report)
, a Chinese manufacturer of solar cells, was up 6.8%. Recently, Goldman Sachs and Nomura assigned a buy rating to the stock with price targets of $7.50 and $8, respectively, representing an upside of approximately 50%-60% over current levels.
Another solar cell maker,
(TSL - Get Report)
, gained 4.6%. The company has partnered with Australia's Ingenero in order to install the country's largest rooftop solar power system. Trina solar will supply the solar panels for installation.
Shifting focus to Indian ADRs, IT and ITeS provider
(SYNT - Get Report)
increased 2.9%, while
Among the Brazilian ADRs, the country's largest retailer,
Companhia Brasileira De Distribuicao
, increased 3.8%. According to the Brazilian Association of supermarkets, Brazil's May supermarket sales increased 3.8% year over year compared with a decline of 0.5% during April.
was up 2.9%, while energy major
Companhia Paranaense de Energia
gained 2.7% during the past week.