financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Advance in Friday Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Asian Equities Traded in the US as American Depositary Receipts Advance in Friday Trading
Aug 8, 2025 7:48 AM

10:45 AM EDT, 08/08/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were advancing Friday morning, adding 0.3% to 2,414.73 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by healthcare technology company Medirom (MRM) and electronics giant Sony ( SONY ) , which climbed 55% and 4.6%, respectively.

They were followed by carmakers Toyota ( TM ) and Honda ( HMC ) , which gained 4.2% and 3.8%, respectively.

The decliners from North Asia were led by cloud computing company Kingsoft Cloud ( KC ) and power distribution firm Korea Electric Power ( KEP ) , which fell 5% and 4.5%, respectively.

They were followed by pharmaceutical company BeOne Medicines ( ONC ) and personal finance firm X Financial ( XYF ) , which dropped 4.3% and 4%, respectively.

From South Asia, the gainers were led by information and communications technology company Sify ( SIFY ) and telecom Telkom Indonesia (TLK), which added nearly 1% and 0.7%, respectively.

The decliners from South Asia were led by banking and financial services company HDFC Bank ( HDB ) , which was shedding nearly 1%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Asia stocks gain on rate cut wagers, yen stays near 38-year lows
Asia stocks gain on rate cut wagers, yen stays near 38-year lows
Jul 2, 2024
SINGAPORE (Reuters) - Asian stocks rose on Wednesday as comments from Fed Chair Jerome Powell reinforced expectations that U.S. rate cuts were not far off, while the yen remained pinned near levels last seen in 1986, keeping traders wary of Japanese intervention. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.26% higher, while Japan's Nikkei rose 0.49%, stalking the...
MORNING BID ASIA-Ground laid for stock bounce, services PMIs on deck
MORNING BID ASIA-Ground laid for stock bounce, services PMIs on deck
Jul 2, 2024
July 3 (Reuters) - A look at the day ahead in Asian markets. Third time lucky for Asian stocks? Having followed Monday's listless start to the quarter with a 0.5% decline on Tuesday, Asian stocks are poised to rebound on Wednesday thanks to a triple-boost from tech-fueled rise in U.S. and global stocks, falling Treasury yields and a weaker dollar....
GLOBAL MARKETS-Asia stocks gain on rate cut wagers, yen stays near 38-year lows
GLOBAL MARKETS-Asia stocks gain on rate cut wagers, yen stays near 38-year lows
Jul 2, 2024
SINGAPORE, July 3 (Reuters) - Asian stocks rose on Wednesday as comments from Fed Chair Jerome Powell reinforced expectations that U.S. rate cuts were not far off, while the yen remained pinned near levels last seen in 1986, keeping traders wary of Japanese intervention. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.26% higher, while Japan's Nikkei rose 0.49%,...
Morning Bid: Ground laid for stock bounce, services PMIs on deck
Morning Bid: Ground laid for stock bounce, services PMIs on deck
Jul 2, 2024
(Reuters) - A look at the day ahead in Asian markets. Third time lucky for Asian stocks? Having followed Monday's listless start to the quarter with a 0.5% decline on Tuesday, Asian stocks are poised to rebound on Wednesday thanks to a triple-boost from tech-fueled rise in U.S. and global stocks, falling Treasury yields and a weaker dollar. That's as...
Copyright 2023-2025 - www.financetom.com All Rights Reserved