10:57 AM EDT, 07/26/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were higher Friday morning, rising 0.70% to 1,935.24 on the S&P Asia 50 ADR Index. Despite the gain, the index is still down more than 2% for the week.

From North Asia, the gainers were led by financial services company Shinhan Financial Group ( SHG ) and education company 17 Education & Technology Group ( YQ ) , which climbed 6.6% and 5.5% respectively. They were followed by computer hardware maker Canaan (CAN), which rose 3.9%.

The decliners from North Asia were led by online education platform 51Talk Online Education Group ( COE ) and thin-film liquid display maker LG Display ( LPL ) , which fell 7.6% and 4.4% respectively. They were followed by music streaming service Tencent Music Entertainment Group ( TME ) , which was down 3.6%.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Wipro ( WIT ) , which rose 4.1% and 3.4% respectively. They were followed by Infosys ( INFY ) and Sify Technologies ( SIFY ) , which were up 3.3% and 2.4% respectively.

The lone decliner in South Asia was biotech firm ASLAN Pharmaceuticals ( ASLN ) , which tumbled 14%.