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Asian Equities Traded in the US as ADRs Rise in Monday Trading
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Asian Equities Traded in the US as ADRs Rise in Monday Trading
Oct 1, 2024 3:08 AM

10:45 AM EDT, 09/30/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts rose Monday morning with the S&P Asia 50 ADR Index up 0.3% to 2,119.82.

From North Asia, the gainers were led by property technology company Fangdd Network Group ( DUO ) and used car e-commerce platform Uxin ( UXIN ) , which jumped 94% and 30% respectively. They were followed by travel company Tuniu ( TOUR ) and online brokerage UP Fintech ( TIGR ) , which both advanced 29%.

The decliners from North Asia were led by mobile platform Aurora Mobile ( JG ) and financial services company Nomura (NMR), which fell 13% and 4.9% respectively. They were followed by semiconductor company ASE Technology ( ASX ) and thin-film liquid display maker LG Display ( LPL ) , which dropped 3.6% and 3.4% respectively.

From South Asia, the lone gainer was IT firm Wipro ( WIT ) , which was up 0.1%.

The decliners from South Asia were led by financial services companies HDFC Bank ( HDB ) and ICICI Bank ( IBN ) , which lost 2.5% each. They were followed by IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which were down 2.3% and 2% respectively.

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