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Asian Equities Traded in the US as American Depositary Receipts Move Lower in Thursday Trading
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Asian Equities Traded in the US as American Depositary Receipts Move Lower in Thursday Trading
Oct 3, 2024 8:07 AM

10:32 AM EDT, 10/03/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving lower Thursday morning, declining 0.80% to 2,134.74 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by financial technology company AMTD Digital ( HKD ) and online brokerage UP Fintech ( TIGR ) , which advanced 32% and 12% respectively. They were followed by ecommerce fashion platform MOGU ( MOGU ) and education company 17 Education & Technology Group ( YQ ) , which increased 9.6% each.

The decliners from North Asia were led by brand platform 36Kr (KRKR) and property technology company Fangdd Network Group ( DUO ) , which fell 12% and 11% respectively. They were followed by advertising firm iClick Interactive Asia Group ( ICLK ) and ecommerce brand platform Baozun ( BZUN ) , which dropped 7.6% and 5.9% respectively.

From South Asia, the gainers were led by IT company Sify Technologies ( SIFY ) , which rose 6%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT company Infosys ( INFY ) , which were up 0.4% and 0.2% respectively.

The decliners from South Asia were led by financial services company HDFC Bank ( HDB ) and IT company Wipro ( WIT ) , which lost 2.5% and 1.8% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and business process management company WNS (WNS), which were down 1.7% and 0.5% respectively.

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