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Asian Equities Traded in the US as American Depositary Receipts Decline in Friday Trading; Up for Week
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Asian Equities Traded in the US as American Depositary Receipts Decline in Friday Trading; Up for Week
May 29, 2026 7:48 AM

10:40 AM EDT, 05/29/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were heading lower Friday morning, declining 0.35% to 2,867.57 on the S&P Asia 50 ADR Index, which is up 0.5% for the week so far.

From North Asia, the gainers were led by video display maker LG Display ( LPL ) and diagnostic imaging centers company Concord Medical Services ( CCM ) , which advanced 11% and 3.1% respectively. They were followed by education company 17 Education & Technology Group (YQ) and tech company Baidu ( BIDU ) , which increased 3% and 2.8% respectively.

The decliners from North Asia were led by real estate management and digital security company Eason Technology ( DXF ) and internet and data center services provider VNET Group ( VNET ) , which dropped 5.1% and 4.6% respectively. They were followed by biopharmaceutical company Zai Lab ( ZLAB ) and semiconductor company ASE Technology ( ASX ) , which lost 3.2% and 3% respectively.

From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and lender HDFC Bank ( HDB ) , which rose 3.7% and 1.4% respectively. They were followed by lender ICICI Bank ( IBN ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.6% and 0.3% respectively.

The decliners from South Asia were led by IT firm Wipro ( WIT ) and telecommunications operator Telekomunikasi Indonesia (TLK), which fell 5.6% and 1.8% respectively. They were followed by IT company Infosys ( INFY ) and tech conglomerate Sea (SE), which were down 1.7% and 0.9% respectively.

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