financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading
Jun 3, 2025 8:17 AM

10:54 AM EDT, 06/03/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were slightly lower Tuesday morning, declining 0.1% to 2,252.1 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by tech company Xunlei ( XNET ) and fintech firm Highest Performances ( MAAS ) , which rose 4.7% and 4.2% respectively. They were followed by automotive marketplace Cango ( CANG ) , which increased 3%.

The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and consumer lending firm Eason Technology ( DXF ) , which fell 4.8% and 4.5% respectively. They were followed by video-sharing platform Bilibili ( BILI ) and media company Phoenix New Media ( FENG ) , which lost 3.2% and 2.7% respectively.

From South Asia, the only gainers were IT firm Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which were up 2% and 0.2% respectively.

The decliners from South Asia were led by financial services company ICICI Bank ( IBN ) and IT firm Wipro ( WIT ) , which dropped 1.6% each. They were followed by IT company Infosys ( INFY ) and financial services company HDFC Bank ( HDB ) , which were down 1.1% and 1% respectively.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Morning Bid: Global inflation relief lifts bond yield gloom
Morning Bid: Global inflation relief lifts bond yield gloom
Jan 15, 2025
(Reuters) - A look at the day ahead in Asian markets.  At last, some breathing room for investors after U.S. and UK inflation figures on Wednesday eased the vice-like grip that the soaring dollar and global bond yields had increasingly been exerting over markets. It is too early to say this marks a turning point, but fixed income and emerging...
EMERGING MARKETS-Rupiah, Korean won decline after central banks' surprise decisions
EMERGING MARKETS-Rupiah, Korean won decline after central banks' surprise decisions
Jan 15, 2025
* South Korea holds rates at 3.00% * Korean stocks at near 1-week high * Rupiah slips to 6-month low By Sneha Kumar and Sameer Manekar Jan 16 (Reuters) - The Indonesian rupiah hit a more than six-month low on Thursday while the South Korean won snapped a three-day winning streak after both countries' central banks shocked investors by eschewing...
MORNING BID ASIA-Global inflation relief lifts bond yield gloom
MORNING BID ASIA-Global inflation relief lifts bond yield gloom
Jan 15, 2025
Jan 16 (Reuters) - A look at the day ahead in Asian markets. At last, some breathing room for investors after U.S. and UK inflation figures on Wednesday eased the vice-like grip that the soaring dollar and global bond yields had increasingly been exerting over markets. It is too early to say this marks a turning point, but fixed income...
Weekly US Crude Inventories Fall, Oil Prices Rally Following IEA, OPEC Reports
Weekly US Crude Inventories Fall, Oil Prices Rally Following IEA, OPEC Reports
Jan 15, 2025
04:42 PM EST, 01/15/2025 (MT Newswires) -- Commercial crude stockpiles in the US posted a bigger draw than projected last week, government data showed Wednesday, while oil prices rallied as markets evaluated two other oil market reports. Inventories of crude, excluding the strategic petroleum reserve, declined by 2 million barrels to 412.7 million barrels through the week ended Friday, the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved