10:38 AM EDT, 04/22/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts kicked off the week on a positive note, rising 0.88% to 1,799.39 on the S&P Asia 50 ADR Index in Monday trading.

From North Asia, the gainers were led by online educational platform 17 Education & Technology Group ( YQ ) and computer hardware maker Canaan (CAN), which climbed 17% and 7.7% respectively. They were followed by financial services company Shinhan Financial Group ( SHG ) and ecommerce fashion platform MOGU ( MOGU ) , which rose 5.1% and 4.5% respectively.

The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and online luxury retailer Secoo ( SECO ) , which fell 9.1% and 8.9% respectively. They were followed by ad agency iClick Interactive Asia Group ( ICLK ) and consumer lending firm Dunxin Financial ( DXF ) , which dropped 5.3% and 4.6% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Wipro ( WIT ) , which rose 8.5% and 3.9% respectively. They were followed by IT firm Infosys ( INFY ) and financial services company ICICI Bank ( IBN ) , which increased 1.6% and 1.1% respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) and financial services company HDFC Bank ( HDB ) , which lost 6.6% and 2.1% respectively. They were followed by IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which were down 1.2% and 0.8% respectively.