10:48 AM EDT, 07/23/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending lower Tuesday morning, declining 0.32% to 1,979.89 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by ad agency iClick Interactive Asia Group ( ICLK ) and automotive ecommerce platform TuanChe ( TC ) , which climbed 31.3% and 5.2% respectively. They were followed by fintech firm AMTD Digital ( HKD ) and online game developer The9 ( NCTY ) , which rose 7.3% and 3.6% respectively.

The decliners from North Asia were led by education company Four Seasons Education ( FEDU ) and online entertainment firm iQIYI (IQ), which fell 5.5% and 4.9% respectively. They were followed by video-sharing site Bilibili ( BILI ) and ecommerce fashion platform MOGU ( MOGU ) , which dropped 3.7% and 2.4% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and business process management company WNS (WNS), which rose 3% and 0.4% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys ( INFY ) , which were up 1.1% and 0.8% respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) , which fell 14.3%, followed by tech conglomerate Sea (SE), which was down 0.8%. They were followed by financial services companies HDFC Bank ( HDB ) and ICICI Bank ( IBN ) , which were off 0.6% and 0.3% respectively.