financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Nudge Higher in Friday Trading, End Week Lower
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 Nudge Higher in Friday Trading, End Week Lower
Dec 13, 2024 8:03 AM

10:43 AM EST, 12/13/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were slightly higher Friday morning, edging up 0.11% to 2,096.98 on the S&P Asia 50 ADR Index, which is down 1.8% for the week.

From North Asia, the gainers were led by online brokerage UP Fintech ( TIGR ) and computer hardware maker Canaan (CAN), which rose 6.7% and 2.7% respectively. They were followed by mobile app developer Cheetah Mobile ( CMCM ) and healthcare platform 111, (YI), which were up 3.8% and 2.6% respectively.

The decliners from North Asia were led by semiconductor company Himax Technologies ( HIMX ) and diagnostic imaging centers company Concord Medical Services ( CCM ) , which shed 12% and 8.8% respectively. They were followed by used car ecommerce platform Uxin ( UXIN ) and music streaming service Tencent Music Entertainment Group ( TME ) , which dropped 5.9% and 2.5% respectively.

From South Asia, the gainers were led by IT firms Sify Technologies ( SIFY ) and Infosys ( INFY ) , which increased 1.3% and 1.2% respectively. They were followed by financial services company ICICI Bank ( IBN ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 1% and 0.9% respectively.

The only decliners from South Asia were telecommunications operator Telekomunikasi Indonesia (TLK) and technology conglomerate Sea (SE), which were down 2% and 1.6% 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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved