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Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading
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Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading
Feb 13, 2025 8:05 AM

10:40 AM EST, 02/13/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were higher Thursday morning, rising 0.4% to 2,203.14 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies ( HIMX ) and consumer lending firm Eason Technology ( DXF ) , which climbed 6.9% and 5.4% respectively. They were followed by semiconductor company ASE Technology ( ASX ) and biotech firm Zai Lab ( ZLAB ) , which advanced 5.4% and 4.7% respectively.

The decliners from North Asia were led by media company 36Kr (KRKR) and mobile big data platform Aurora Mobile ( JG ) , which fell 4.4% and 3.4% respectively. They were followed by automotive ecommerce platform Cango ( CANG ) and computer hardware maker Canaan (CAN), which dropped 2.7% and 2.2% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY), which increased 1.2%, followed by financial services company ICICI Bank ( IBN ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.3% and 0.2% respectively.

The decliners from South Asia were led by IT firm Infosys ( INFY ) and telecommunications operator PLDT ( PHI ) , which were down 0.6% and 0.5% respectively. They were followed by Wipro ( WIT ) and financial services company HDFC Bank ( HDB ) , which were off 0.4% and 0.2% respectively.

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