10:45 AM EST, 12/24/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were slightly higher Tuesday morning, edging up 0.08% to 2,086.58 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and polysilicon manufacturer Daqo New Energy ( DQ ) , which climbed 10 % and 7.2%, respectively. They were followed by automotive e-commerce platform Cango ( CANG ) and e-commerce brand platform Baozun ( BZUN ) , which rose 7% and 6.8%, respectively.

The decliners from North Asia were led by automotive e-commerce platform TuanChe ( TC ) and e-commerce fashion platform MOGU ( MOGU ) , which fell 9.2% and 8%, respectively. They were followed by fintech firm Jiayin Group ( JFIN ) and brand platform 36Kr (KRKR), which dropped 6.8% and 3.9%, respectively.

From South Asia, the gainers were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which were up 1.7% and 1% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Sify Technologies ( SIFY ) , which increased 0.7% and 0.3% respectively.

The only decliners from South Asia were IT firm Infosys ( INFY ) and financial services company HDFC Bank ( HDB ) , which were off 0.2% and 0.03% respectively.