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Asian Equities Traded in the US as American Depositary Receipts Lower in Thursday Trading
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Asian Equities Traded in the US as American Depositary Receipts Lower in Thursday Trading
Mar 14, 2024 7:54 AM

10:43 AM EDT, 03/14/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were lower Thursday morning, falling 1.01% to 1,900.95 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by financial services company Shinhan Financial Group ( SHG ) and internet and data center services provider VNET Group ( VNET ) , which rose 5.7% and 3.1% respectively. They were followed by thin-film liquid display maker LG Display ( LPL ) and online discount retailer Vipshop ( VIPS ) , which increased 2.5% and 2.2% respectively.

The decliners from North Asia were led by travel company Tuniu ( TOUR ) and online brokerage UP Fintech ( TIGR ) , which dropped 8.2% and 7.6% respectively. They were followed by brand platform 36Kr (KRKR) and property technology company Fangdd Network Group ( DUO ) , which fell 7.4% and 7.2% respectively.

From South Asia, the gainers were led by IT firm Wipro ( WIT ) and tech conglomerate Sea (SE), which rose 2.5% and 1.5% respectively. They were followed by IT firm Infosys ( INFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 1.4% and 0.2% respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) and business process management company WNS (WNS), which lost 8.8% and 3% respectively. They were followed by financial services company HDFC Bank ( HDB ) and IT firm Sify Technologies ( SIFY ) , which were down 1.9% and 1.2% respectively.

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