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Asian Equities Traded in the US as American Depositary Receipts Edge Down in Wednesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Edge Down in Wednesday Trading
Nov 27, 2024 8:02 AM

10:44 AM EST, 11/27/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving slightly lower Wednesday morning, declining 0.019% to 2,023.73 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by healthcare platform 111 (YI) and consumer lending firm LexinFintech ( LX ) , which surged 22.7% and 15.7% respectively. They were followed by social media platform JOYY ( YY ) and advertising company iClick Interactive Asia Group ( ICLK ) , which advanced 12% and 7.8% respectively.

The decliners from North Asia were led by media company Phoenix New Media ( FENG ) and mobile big data platform Aurora Mobile ( JG ) , which fell 4.6% and 0.1% respectively. They were followed by semiconductor company ASE Technology ( ASX ) and pet-focused platform Boqii ( BQ ) , which dropped 3.9% and 2.3% respectively.

From South Asia, the lone gainer was tech conglomerate SE (SEA), which rose 0.5%.

The decliners from South Asia were led by Sify Technologies ( SIFY ) and IT firms Infosys ( INFY ) , which fell 3.1% and 1.1% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT ( PHI ) , which were off 0.6% and 0.3% respectively.

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