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Asian Equities Traded in the US as American Depositary Receipts Flat in Wednesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Flat in Wednesday Trading
Apr 29, 2026 7:56 AM

10:37 AM EDT, 04/29/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were little changed Wednesday morning, edging 0.03% lower to 2,762.13 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Silicon Motion Technology ( SIMO ) and video streaming service iQIYI (IQ), which climbed 30.4% and 5.9%, respectively. They were followed by used car marketplace Uxin ( UXIN ) and electric vehicle maker NIO (NIO), which advanced 2.7% and 1.7%, respectively.

The decliners from North Asia were led by polysilicon manufacturer Daqo New Energy ( DQ ) and brand platform 36Kr (KRKR), which fell 9.6% and 6.9%, respectively. They were followed by biopharmaceutical company Zai Lab ( ZLAB ) and tech company Baidu ( BIDU ) , which were down 5.3% and 3.9%, respectively.

From South Asia, the only gainers were IT firm Infosys ( INFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.6% and 0.2% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 3.6% and 1.9%, respectively. They were followed by lender ICICI Bank ( IBN ) and IT firm Wipro ( WIT ) , which lost 1.1% and 1% respectively.

Price: 194.15, Change: +44.97, Percent Change: +30.14

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