10:47 AM EDT, 06/17/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts started the week off modestly lower Monday morning, declining 0.34% to 1,930.19 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and video-sharing site Bilibili ( BILI ) , which climbed 10.7% and 5.2% respectively. They were followed by automotive ecommerce platform Cango ( CANG ) and consumer lending firm Dunxin Financial ( DXF ) , which increased 0.6% and 2.5% respectively.

The decliners from North Asia were led by ecommerce fashion platform MOGU ( MOGU ) and pet-focused platform Boqii ( BQ ) , which lost 8.2% and 4.9% respectively. Streaming music service Tencent Music Entertainment Group ( TME ) and online brokerage UP Fintech Holding Limited ( TIGR ) are down 3.9% and 3.4%.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and business process management company WNS (WNS), which increased 3.4% and 1% respectively. They were followed by tech conglomerate Sea (SE) and IT firm Infosys ( INFY ) , which were up 0.6% and 0.4% respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were down 2.4% and 0.9% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company HDFC Bank ( HDB ) , which were off 0.5% and 0.7% respectively.