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Asian Equities Traded in the US as American Depositary Receipts Drop in Monday Trading
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Asian Equities Traded in the US as American Depositary Receipts Drop in Monday Trading
Mar 31, 2025 8:22 AM

10:47 AM EDT, 03/31/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week on a down note Monday, falling 1.3% to 2,139.18 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company Four Seasons Education ( FEDU ) and technology company Xunlei ( XNET ) , which rose 3.1% and 1.7%, respectively. They were followed by online education platform 51Talk Online Education Group ( COE ) and ecommerce fashion platform MOGU ( MOGU ) , which were up 1.5% and 1.1%, respectively.

The decliners from North Asia were led by advertising agency 36Kr (KRKR) and wealth management firm Noah (NOAH), which fell 6.8% and 6.3%, respectively. They were followed by diagnostic imaging centers company Concord Medical Services ( CCM ) and solar panel maker JinkoSolar ( JKS ) , which increased 6.2% and 6.1%, respectively.

From South Asia, the lone gainer was financial services company HDFC Bank ( HDB ) , which nudged 0.1% higher.

The decliners from South Asia were led by IT company Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which lost 4.3% and 3.1%, respectively. They were followed by telecommunications operator PLDT ( PHI ) and IT firm Infosys ( INFY ) , which were down 1% and 0.5%, respectively.

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