financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Decline 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 Decline in Friday Trading
Jul 5, 2024 8:30 AM

11:07 AM EDT, 07/05/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trading lower Friday morning, declining 0.46% to 2,010.90 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by wealth management firm Noah (NOAH) and financial services company CNFinance ( CNF ) , which rose 4.3% and 3.6%, respectively. Ad agency iClick Interactive Asia Group ( ICLK ) and thin-film liquid display maker LG Display ( LPL ) gained 3.2% each.

The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services ( CCM ) , which fell 10% and electric vehicle maker Nio (NIO), which declined 8.5%. They were followed by online education platform 17 Education & Technology Group ( YQ ) and game live-streaming platform HUYA ( HUYA ) , which dropped 7.8% and 5.8%, respectively.

From South Asia, the gainers were led by pharmaceutical firm Dr. Reddy's Laboratories (RDY), which rose 1.8%, followed by financial services company ICICI Bank ( IBN ) and IT firm Infosys ( INFY ) , which were up 0.8% and 0.2%, respectively.

The decliners from South Asia were led by financial services company HDFC Bank ( HDB ) , which lost 7.8% and IT firm Sify Technologies ( SIFY ) , which retreated 2.5%. Business process management company WNS (WNS) and biotech firm ASLAN Pharmaceuticals ( ASLN ) were both down 1.3%.

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 >
European Equities Close Little Changed in Wednesday Trading; Euro Area Annual Inflation Steady at 2.0%
European Equities Close Little Changed in Wednesday Trading; Euro Area Annual Inflation Steady at 2.0%
Sep 17, 2025
12:21 PM EDT, 09/17/2025 (MT Newswires) -- The European stock markets were little changed in Wednesday trading as the Stoxx Europe 600 edged 0.05% lower, Germany's DAX nudged 0.08% higher, the FTSE 100 was up 0.14%, France's CAC was down 0.40%, and the Swiss Market Index declined 0.16%. The annual inflation rate in the euro area was 2.0% in August,...
London stocks close higher ahead of Fed's interest rate decision
London stocks close higher ahead of Fed's interest rate decision
Sep 17, 2025
* FTSE 100 up 0.14%, FTSE 250 up 0.6% * Food prices drive British inflation to 3.8% in August, above US, euro zone * Centrica ( CPYYF ) is Morgan Stanley's top pick on nuclear momentum, shares gain * PRS REIT gains on selling operating unit (Updates with market closing prices) By Sanchayaita Roy Sept 17 (Reuters) - British stocks...
TSX Closer: A Modest Gain On Prospect of Further Rate Cuts, Even With the BoC Seen As
TSX Closer: A Modest Gain On Prospect of Further Rate Cuts, Even With the BoC Seen As "Cautious Cutters"
Sep 17, 2025
04:28 PM EDT, 09/17/2025 (MT Newswires) -- The Toronto Stock Exchange recovered more than 120 points over the last hour of trading Wednesday and closed modestly higher, buoyed by the prospect of at least one other interest rate cut coming from the Bank of Canada before the end of 2025 Wednesday's gains on the resources-heavy S&P/TSX Composite Index came despite...
Trading Day: Fed cuts, markets not sure where to look
Trading Day: Fed cuts, markets not sure where to look
Sep 17, 2025
ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  U.S. markets gyrated sharply on Wednesday after the Fed cut interest rates by 25 basis points, and investors digested its new economic projections and Chair Jerome Powell's press conference. The upshot? Bond yields and the dollar rose, while Wall Street was mixed....
Copyright 2023-2026 - www.financetom.com All Rights Reserved