financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Decline in Wednesday 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 Wednesday Trading
Aug 14, 2024 8:01 AM

10:41 AM EDT, 08/14/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving lower Wednesday morning, declining 0.93% to 1,900.85 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive ecommerce platform TuanChe ( TC ) and personal credit institution company Qifu Technology ( QFIN ) , which climbed 8.7% and 7.9% respectively. They were followed by online game developer The9 ( NCTY ) and automotive ecommerce platform Cango ( CANG ) , which rose 10.2% and 3.5% respectively.

The decliners from North Asia were led by consumer lending firm Dunxin Financial ( DXF ) and fintech firm AMTD Digital ( HKD ) , which fell 1.1% and 5.8% respectively. They were followed by brand platform 36Kr (KRKR) and video-sharing platform Bilibili ( BILI ) , which dropped 7.7% and 4% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 2.3% and 0.5% respectively. They were followed by business process management company WNS (WNS) and financial services company HDFC Bank ( HDB ) , which increased 0.6% and 0.1% respectively.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which lost 4.2% and 2.6% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro ( WIT ) , which were down 2.2% and 0.1% 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 >
MORNING BID ASIA-Two rate calls on deck as markets consolidate
MORNING BID ASIA-Two rate calls on deck as markets consolidate
Aug 20, 2024
Aug 21 (Reuters) - A look at the day ahead in Asian markets. Interest rate decisions in Thailand and Indonesia top the Asian calendar on Wednesday, as investors put the recent rebound across many markets on hold and look ahead to a keynote speech from U.S. Fed chief Jerome Powell later in the week. The global equity market picture going...
CANADA STOCKS-Toronto market's winning streak ends as energy shares slide
CANADA STOCKS-Toronto market's winning streak ends as energy shares slide
Aug 20, 2024
* TSX ends down 0.3% at 23,037.44 * Decline follows eight straight days of gains * Energy falls 2.2% as oil hits a near 2-week low * Metal miners climb; gold notches a record high (Updates at market close) By Fergal Smith Aug 20 (Reuters) - Canada's main stock index fell for the first time in nine trading days on...
Two rate calls on deck as markets consolidate
Two rate calls on deck as markets consolidate
Aug 20, 2024
(Reuters) - A look at the day ahead in Asian markets. Interest rate decisions in Thailand and Indonesia top the Asian calendar on Wednesday, as investors put the recent rebound across many markets on hold and look ahead to a keynote speech from U.S. Fed chief Jerome Powell later in the week. The global equity market picture going into Wednesday...
TSX Closer: Profit Taking Ends the Markets Eight-Straight Wins on Profit Taking as Inflation Eased Last Month
TSX Closer: Profit Taking Ends the Markets Eight-Straight Wins on Profit Taking as Inflation Eased Last Month
Aug 20, 2024
04:20 PM EDT, 08/20/2024 (MT Newswires) -- The Toronto Stock Exchange closed lower for the first time in nine sessions on Wednesday, dropping down from a record high on profit taking even as expectations firmed for a September interest-rate cut from the Bank of Canada firmed after inflation slowed last month. The S&P/TSX Composite Index closed down 78.95 points to...
Copyright 2023-2025 - www.financetom.com All Rights Reserved