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Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading
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Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading
Mar 25, 2024 8:01 AM

10:40 AM EDT, 03/25/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts kicked off the week trending lower Monday morning, declining 0.45% to 1,902.83 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by financial services company CNFinance ( CNF ) and game live-streaming service HUYA ( HUYA ) , which rose 4.3% and 4.6% respectively. They were followed by automotive ecommerce platform TuanChe ( TC ) and game live-streaming company DouYu International ( DOYU ) , which were up 3.9% and 4.1% respectively.

The decliners from North Asia were led by mobile big data platform Aurora Mobile ( JG ) and online luxury retailer Secoo ( SECO ) , which fell 11.1% and 0.7% respectively. They were followed by property technology company Fangdd Network Group ( DUO ) and travel company Tuniu ( TOUR ) , which dropped 5.2% and 2.1% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Sify Technologies ( SIFY ) , which rose 0.6% and 0.8% respectively. They were followed by biotech firm ASLAN Pharmaceuticals ( ASLN ) and telecommunications operator PLDT ( PHI ) , which increased 1.1% and 0.3% respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and financial services company ICICI Bank ( IBN ) , which lost 4.1% and 0.3% respectively. They were followed by IT firm Infosys ( INFY ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.6% and 0.2% respectively.

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