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Asian Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading
Feb 12, 2025 7:50 AM

10:30 AM EST, 02/12/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending lower Wednesday morning, declining 0.36% to 2,185.64 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by online brokerage UP Fintech ( TIGR ) and consumer lending firm Eason Technology ( DXF ) and (DXF), which climbed 7.9% and 7%, respectively. They were followed by fintech firm Jiayin Group ( JFIN ) and streaming video service iQIYI (IQ), which advanced 6.3% and 6.1%, respectively.

The decliners from North Asia were led by financial services company Nomura (NMR) and e-commerce company JD.com ( JD ) , which fell 5.2% and 3.9%, respectively. They were followed by online discount retailer Vipshop ( VIPS ) and semiconductor company Himax Technologies ( HIMX ) , which dropped 3.2% and 2.8%, respectively.

From South Asia, the only gainers were telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which rose 2.3% and 0.8%, respectively.

The decliners from South Asia were led by IT firms Sify Technologies ( SIFY ) and Infosys ( INFY ) , which lost 3.4% and 2%, respectively. They were followed by IT firm Wipro ( WIT ) and tech conglomerate Sea (SE), which were down 1.8% and 0.7%, respectively.

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