10:34 AM EST, 01/24/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving slightly higher Friday morning, rising 0.12% to 2,137.61 on the S&P Asia 50 ADR Index, which is up 2.6% for the week.

From North Asia, the gainers were led by semiconductor company Himax Technologies ( HIMX ) and consumer lending firm LexinFintech ( LX ) , which climbed 14% and 6.8% respectively. They were followed by online entertainment service iQIYI (IQ) and automotive ecommerce platform Cango ( CANG ) , which rose 6.3% and 5.7% respectively.

The decliners from North Asia were led by ecommerce fashion platform MOGU ( MOGU ) and automotive ecommerce platform TuanChe ( TC ) , which fell 7.4% and 3.4% respectively. They were followed by travel company Tuniu ( TOUR ) and online education company 51Talk Online Education Group ( COE ) , which were down 2.9% and 2.4% respectively.

From South Asia, the gainers were led by financial services company ICICI Bank ( IBN ) and IT firm Wipro ( WIT ) , which rose 1.6% and 0.9% respectively. They were followed by IT firm Sify Technologies ( SIFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.8% and 0.2% respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT ( PHI ) , which dropped 1.2% and 1.1% respectively. They were followed by tech conglomerate Sea (SE) and financial services company HDFC Bank ( HDB ) , which were off 0.3% and 0.1% respectively.