10:42 AM EST, 12/27/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending lower Friday morning, declining 0.65% to 2,086.59 on the S&P Asia 50 ADR Index.

Despite the loss, the index is still up more than 3% for the week.

From North Asia, the gainers were led by mobile app developer Cheetah Mobile ( CMCM ) and financial services company CNFinance ( CNF ) , which climbed 6.8% and 3.6%, respectively. They were followed by automaker Honda Motor ( HMC ) and fintech firm Pintec Technology ( PT ) , which rose 2.4% and 2.3%, respectively.

The decliners from North Asia were led by health care platform 111 (YI) and education company Four Seasons Education ( FEDU ) , which dropped 6.9% and 6.4%, respectively. They were followed by fintech company Jiayin Group ( JFIN ) and pet-focused platform Boqii ( BQ ) , which fell 5.7% and 4.2%, respectively.

From South Asia, the gainers were led by pharmaceutical firm Dr. Reddy's Laboratories (RDY), which rose 2.8%, followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Wipro ( WIT ) , which were up 0.8.% and 0.6%, respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and financial services company HDFC Bank ( HDB ) , which retreated 1.5% and 0.2%, respectively. They were followed by financial services company ICICI Bank ( IBN ) and telecommunications operator PLDT ( PHI ) , which lost 0.2% each.