10:47 AM EDT, 03/15/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were lower Friday morning, down 0.37% to 1,887.57 on the S&P Asia 50 ADR Index. The index is poised to close out the week more than 1% lower.

From North Asia, the gainers were led by online luxury retailer Secoo ( SECO ) and used car e-commerce platform Uxin ( UXIN ) , which climbed 7.9% and 2% higher respectively. They were followed by financial services company CNFinance ( CNF ) and computer hardware maker Canaan (CAN), which advanced 5.8% and 4.7% respectively.

The decliners from North Asia were led by consumer lending firm Dunxin Financial ( DXF ) and property technology company Fangdd Network Group ( DUO ) , which dropped 9.2% and 4.9% respectively. They were followed by biotech firm Zai Lab ( ZLAB ) and game live-streaming platform DouYu International ( DOYU ) , which lost 4.5% and 2.3% respectively.

From South Asia, the gainers were led by IT firm Wipro ( WIT ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.6% and 0.5% respectively.

The decliners from South Asia were led by telecommunications operator PLDT ( PHI ) and tech conglomerate Sea (SE), which fell 4.4% and 2.7% respectively. They were followed by IT firm Infosys ( INFY ) and financial services company HDFC Bank ( HDB ) , which were down 1.4% and 0.5% respectively.