10:36 AM EST, 12/04/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending lower Wednesday morning, declining 0.40% to 2,090.15 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and semiconductor company Himax Technologies ( HIMX ) , which climbed 10.3% and 9.8% higher respectively. They were followed by advertising agency iClick Interactive Asia Group ( ICLK ) and tech company Xunlei ( XNET ) , which rose 11.1% and 2.5% respectively.

The decliners from North Asia were led by utility company Korea Electric Power ( KEP ) and solar project developer Emeren Group ( SOL ) , which dropped 5.7% and 3% respectively. They were followed by biotech firm Zai Lab ( ZLAB ) and mobile app developer Cheetah (CMCM), which fell 5.4% and 3% respectively.

From South Asia, the lone gainer was IT firm Infosys ( INFY ) , which was up 1.5%.

The decliners from South Asia were led by tech conglomerate Sea (SE) and IT company Sify Technologies ( SIFY ) , which lost 0.5% and 0.4% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT ( PHI ) , which were off 0.9% and 0.6% respectively.