10:48 AM EDT, 08/27/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving moderately higher Tuesday morning, rising 0.6% to 1,952.8 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by polysilicon manufacturer Daqo New Energy ( DQ ) and pet-focused platform Boqii ( BQ ) , which rose 6% and 5.4% respectively. They were followed by automotive ecommerce platform Cango ( CANG ) and education technology company 17 Education & Technology Group ( YQ ) , which increased 3.1% and 3% respectively.

The decliners from North Asia were led by automotive ecommerce platform TuanChe ( TC ) and fintech firm Jiayin Group ( JFIN ) , which fell 10.5% and 8.8% respectively. They were followed by property technology company Fangdd Network Group ( DUO ) and mobile health platform 111 (YI), which dropped 6.8% and 4.7% respectively.

From South Asia, the gainers were led by IT firms Infosys ( INFY ) and Sify Technologies ( SIFY ) , which were up 1.2% and 0.9% respectively. They were followed by financial services company ICICI Bank ( IBN ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 0.8% and 0.5% respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which lost 0.8% and 0.3% respectively, followed by IT firm Wipro ( WIT ) , which was off 0.2%.