financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Decline in Thursday 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 Thursday Trading
Oct 10, 2024 11:11 PM

10:43 AM EDT, 10/10/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving modestly lower Thursday morning, declining 0.26% to 2,111.40 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by financial services company CNFinance ( CNF ) and property technology company Fangdd Network Group ( DUO ) , which climbed 6.8% and 6.2% respectively. They were followed by online game developer The9 ( NCTY ) and consumer lending firm Qudian ( QD ) , which rose 3.6% and 2.7% respectively.

The decliners from North Asia were led by mobile big data platform Aurora Mobile ( JG ) and fintech firm AMTD Digital ( HKD ) , which fell 8.3% and 6.3% respectively. They were followed by game live-streaming platform HUYA ( HUYA ) and solar panel maker JinkoSolar ( JKS ) , which dropped 5.2% and 4.4% respectively.

From South Asia, the only gainers were IT firm Sify Technologies ( SIFY ) and financial services company HDFC Bank ( HDB ) , which increased 8.9% and 1.4% respectively.

The decliners from South Asia were led by IT firms Infosys ( INFY ) and Wipro ( WIT ) , which lost 3.4% and 2.9% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and business process management company WNS (WNS), which were down 2.1% and 1.4% respectively.

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 >
Argentine peso, stock index up after Milei's reform bill approved
Argentine peso, stock index up after Milei's reform bill approved
Jun 13, 2024
BUENOS AIRES, June 13 (Reuters) - Argentina's peso and benchmark stock index strengthened on Thursday, following the Senate approval of a reform bill key to libertarian President Javier Milei's economic plans. The Argentine peso strengthened over 5.3% in the parallel black market to 1,220 per dollar, while the Merval stock index rose more than 4%, traders said. ...
EMERGING MARKETS-Argentine assets spike on Milei's reform bill win; Mexican peso jumps
EMERGING MARKETS-Argentine assets spike on Milei's reform bill win; Mexican peso jumps
Jun 13, 2024
* Brazil's retail sales rise below estimates in April * Chile c.bank to cut interest rate to 5.75% in June -poll * Peru interest rate decision due By Ankika Biswas June 13 (Reuters) - Argentine assets rallied on Thursday, as investors drew comfort from the Senate's passing of President Javier Milei's economic reform bill, while Mexico's peso jumped 1% against...
Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Thursday Trading
Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Thursday Trading
Jun 13, 2024
10:45 AM EDT, 06/13/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving sharply lower Thursday morning, falling 1.06% to 1,947.44 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by property technology company Fangdd Network Group ( DUO ) and ecommerce fashion platform MOGU ( MOGU ) ,...
Desjardins Comments on Bank of Canada's Remarks on QE, QT
Desjardins Comments on Bank of Canada's Remarks on QE, QT
Jun 13, 2024
10:51 AM EDT, 06/13/2024 (MT Newswires) -- Deputy Governor Sharon Kozicki delivered a speech Thursday at a CABE event in Ottawa on the evolution of the Bank of Canada's (BoC) extraordinary measures, noted Desjardins. Kozicki cited research from staff at the central bank which suggests that 10-year Government of Canada (GoC) bond yields could have been as much as 80bps...
Copyright 2023-2026 - www.financetom.com All Rights Reserved