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Asian Equities Traded in the US as American Depositary Receipts Lower in Thursday Trading
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Asian Equities Traded in the US as American Depositary Receipts Lower in Thursday Trading
Dec 12, 2024 8:06 AM

10:31 AM EST, 12/12/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were lower Thursday morning, declining 0.27% to 2,103.22 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies ( HIMX ) and automotive ecommerce platform TuanChe ( TC ) , which climbed 20% and 6.4% respectively. They were followed by education company 17 Education & Technology Group ( YQ ) and healthcare platform 111 (YI), which increased 5.3% and 5% respectively.

The decliners from North Asia were led by brand platform 36Kr (KRKR) and diagnostic imaging company Concord Medical Services ( CCM ) , which dropped 8.9% and 8.2% respectively. They were followed by online education platform 51Talk Online Education Group ( COE ) and pet-focused platform Boqii ( BQ ) , which lost 8.1% and 3% respectively.

From South Asia, the gainers were led by IT firm Wipro ( WIT ) and tech conglomerate Sea (SE), which rose 0.7% each. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY), which was up 0.4%.

The decliners from South Asia were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which fell 1.9% and 1.3% respectively. They were followed by IT firm Sify Technologies ( SIFY ) and financial services company HDFC Bank ( HDB ) , which were off 0.9% and 0.8% respectively.

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