10:49 AM EDT, 07/11/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending higher Thursday morning, rising 0.58% to 2,051.94 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile healthcare app 111 (YI) and solar project developer Emeren Group ( SOL ) , which climbed 12% and 10%, respectively. They were followed by video-sharing service iQIYI (IQ) and polysilicon manufacturer Daqo New Energy ( DQ ) , which rose 5.2% and 4.9%, respectively.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and automotive e-commerce platform TuanChe ( TC ) , which tumbled 17% each. Media company Phoenix New Media ( FENG ) fell 8.2%, while diagnostic imaging centers company Concord Medical Services ( CCM ) was down 3.2%.

From South Asia, the gainers were led by IT firms Sify Technologies ( SIFY ) , which advanced 8.6%, then Wipro ( WIT ) , which added 2.9%. IT firm Infosys ( INFY ) and business process management company WNS (WNS) were up 2.7% and 2.5%, respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) , which dropped 2.6%, followed by tech conglomerate Sea (SE) and financial services company ICICI Bank ( IBN ) , which were off 0.4% and 0.03%, respectively.