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Asian Equities Traded in the US as American Depositary Receipts Flat in Tuesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Flat in Tuesday Trading
Mar 26, 2024 8:02 AM

10:41 AM EDT, 03/26/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were treading water Tuesday morning, as they nudged 0.045% lower to 1,898.16 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by online game developer The9 ( NCTY ) and education company Four Seasons Education ( FEDU ) , which rose 4.8% each. They were followed by solar project developer Emeren Group ( SOL ) and online brokerage UP Fintech ( TIGR ) , which added 2.9% and 2.7%, respectively.

The decliners from North Asia were led by game live-streaming service DouYu International ( DOYU ) and automotive e-commerce platform TuanChe ( TC ) , which fell 7.5% and 5.5%, respectively. Financial services company Shinhan Financial Group ( SHG ) was down 4.7% and used car e-commerce platform Uxin ( UXIN ) retreated 3.9%.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and telecommunications operator PLDT ( PHI ) , which rose 2.2% and 1.8%, respectively. They were followed by business process management company WNS (WNS) and financial services company ICICI Bank ( IBN ) , which added 1.2% and 0.6%, respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) , which fell 5.3%, followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Sify Technologies ( SIFY ) , which were down 2.7% and 1.5%, respectively.

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