financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Monday 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 Fall Sharply in Monday Trading
Jan 27, 2025 7:35 AM

10:27 AM EST, 01/27/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts kicked off the week sharply lower Monday morning, tumbling 2.45% to 2,095.03 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile big data platform Aurora Mobile ( JG ) , which was soaring 200%, followed by pet-focused platform Boqii ( BQ ) , which rose 6.6%. They were followed by fintech firm AMTD Digital ( HKD ) and healthcare platform 111 (YI), which increased 6.2% and 4.2% respectively.

The decliners from North Asia were led by investment holding company Dunxin Financial (DXF) and semiconductor company Himax Technologies ( HIMX ) , which shed 30% and 24% respectively. They were followed by computer hardware maker Canaan (CAN) and online game developer The9 ( NCTY ) , which fell 9.3% and 7.6% respectively.

From South Asia, the gainers were led by financial services companies ICICI Bank ( IBN ) and HDFC Bank ( HDB ) , which rose 1.3% and 0.5% respectively. They were followed by telecommunications operators PLDT ( PHI ) and Telekomunikasi Indonesia (TLK), which were up 0.4% and 0.2% respectively.

The decliners from South Asia were led by IT companies Sify Technologies ( SIFY ) and Wipro ( WIT ) , which were down 3.5% and 3.2% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and tech conglomerate Sea (SE), which lost 1.6% and 0.6% 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 AMERICAS-BOJ eases market migraine, Super Micro aches
MORNING BID AMERICAS-BOJ eases market migraine, Super Micro aches
Aug 7, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan In an extraordinary round trip over the past week, world markets have rebounded sharply from days of turbulence - thanks in part to Bank of Japan almost apologising on Wednesday for its role in the ruckus - and traders now try to figure out what's next....
Morning Bid: BOJ eases market migraine, Super Micro aches
Morning Bid: BOJ eases market migraine, Super Micro aches
Aug 7, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan In an extraordinary round trip over the past week, world markets have rebounded sharply from days of turbulence - thanks in part to Bank of Japan almost apologising on Wednesday for its role in the ruckus - and traders now try to figure out what's next....
CANADA STOCKS-TSX futures recover on boost from oil and gold prices; earnings in focus
CANADA STOCKS-TSX futures recover on boost from oil and gold prices; earnings in focus
Aug 7, 2024
Aug 7 (Reuters) - Futures for Canada's main stock index bounced back on Wednesday after the index fell to week lows in the previous session in a catch-up to Monday's global stocks rout, while a bump in oil and gold prices further helped the recovery. September futures on the S&P/TSX index were up 0.6% at 6:43 a.m. ET (10:43 GMT)....
Equities Rebound Visits Asian Stock Markets
Equities Rebound Visits Asian Stock Markets
Aug 7, 2024
06:42 AM EDT, 08/07/2024 (MT Newswires) -- Asian stock markets joined the global equities rebound Wednesday, as tech issues generally recovered. Hong Kong, Shanghai and Tokyo finished in the green, as did most other regional exchanges. In Japan, the Nikkei 225 opened lower but rose to the close, finishing up 1.2% after a Bank of Japan official indicated central bank...
Copyright 2023-2025 - www.financetom.com All Rights Reserved