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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
Mar 6, 2025 7:56 AM

10:37 AM EST, 03/06/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending lower Thursday morning, declining 0.6% to 2,236.6 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by advertising agency iClick Interactive Asia Group ( ICLK ) and media company Phoenix New Media ( FENG ) , which climbed 10.2% and 7.1% respectively. They were followed by internet and data center services provider VNET Group ( VNET ) and fintech firm Jiayin Group ( JFIN ) , which rose 3.5% and 1.9% respectively.

The decliners from North Asia were led by consumer lending firm LexinFintech ( LX ) and media company 36Kr (KRKR), which fell 3.5% and 3.3% respectively. They were followed by thin-film liquid display maker LG Display ( LPL ) and used car ecommerce platform Uxin ( UXIN ) , which dropped 2.1% and 1.9% respectively.

From South Asia, the lone gainer was pharmaceutical company Dr. Reddy's Laboratories (RDY), which was up 1.2%.

The decliners from South Asia were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which lost 1.7% and 1.1% respectively. They were followed by financial services company HDFC Bank ( HDB ) and IT firm Wipro ( WIT ) , which were off 0.8% and 0.3% respectively.

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