10:36 AM EST, 11/22/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving lower Friday morning, declining 0.33% to 2,035.07 on the S&P Asia 50 ADR Index, which is still nearly 1% higher for the week.

From North Asia, the gainers were led by online game developer The9 ( NCTY ) and media company Phoenix New Media ( FENG ) , which rose 3.9% and 3.4% respectively. They were followed by ecommerce fashion platform MOGU ( MOGU ) and automotive ecommerce platform Cango ( CANG ) , which were up 3.3% and 3.1% respectively.

The decliners from North Asia were led by mobile big data company Aurora Mobile ( JG ) and internet and data center provider VNET Group (VNET), which tumbled 24% and 16% respectively. They were followed by educational company Four Seasons Education ( FEDU ) and automotive ecommerce platform TuanChe ( TC ) , which lost 8.1% and 5.6% respectively.

From South Asia, the gainers were led by IT firms Infosys ( INFY ) and Sify Technologies ( SIFY ) , which increased 2.8% and 2.4% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT ( PHI ) , which rose 1.9% and 0.8% respectively.