financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading
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 Open Week Lower in Monday Trading
May 26, 2025 10:18 AM

10:29 AM EDT, 05/19/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week modestly lower Monday morning, declining 0.22% to 2,239.36 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company Four Seasons Education ( FEDU ) and diagnostic imaging centers company Concord Medical Services ( CCM ) , which climbed 8.7% and 7.3%, respectively. They were followed by biotech firm Zai Lab ( ZLAB ) and utilities company Korea Electric Power ( KEP ) , which were up 4.2% and 3.9%, respectively.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and media company Phoenix New Media ( FENG ) , which fell 7.4% and 5.2%, respectively. They were followed by video-sharing platform Bilibili ( BILI ) and computer hardware maker Canaan (CAN), which dropped 4.6% and 3%, respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which rose 3.1% and 0.6%, respectively. They were followed by financial services company HDFC Bank ( HDB ) and IT firm Infosys ( INFY ) , which increased 0.4% and 0.3%, respectively.

The decliners from South Asia were led by telecommunications operator PLDT ( PHI ) , which lost 1.3%, followed by IT companies Wipro ( WIT ) and Sify Technologies ( SIFY ) , which were off 0.5% and 0.4%, 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 >
S&P 500 Edges Higher; Indivior Shares Plummet
S&P 500 Edges Higher; Indivior Shares Plummet
Jul 9, 2024
U.S. stocks traded mixed toward the end of trading, with the S&P 500 gaining around 0.1% on Tuesday. The Dow traded down 0.05% to 39,323.7 while the NASDAQ rose 0.10% to 18,422.24. The S&P 500 also rose, gaining, 0.12% to 5,579.76. Check This Out: Nvidia To Rally Over 40%? Here Are 10 Top Analyst Forecasts For Tuesday Leading and Lagging...
TSX Down Amid Mixed Commodity Prices and Questions On Whether Canada Is
TSX Down Amid Mixed Commodity Prices and Questions On Whether Canada Is "Verging on Recession or Just a Regression?"
Jul 9, 2024
04:16 PM EDT, 07/09/2024 (MT Newswires) -- Canada's main stock market, the resources heavy Toronto Stock Exchange, lost 83.63 points on Tuesday, with the S&P/TSX Composite Index closing at 22,042.50 amid mixed commodity prices and some debate on whether the economy here is verging on recession or signalling just a regression. Among sectors, most were losers, led by Battery Metals...
CANADA STOCKS-TSX slips amid broader declines, Fed chair's testimony in focus
CANADA STOCKS-TSX slips amid broader declines, Fed chair's testimony in focus
Jul 9, 2024
* TSX down 0.3% in broad-based declines * Industrials, Healthcare, Consumer shares lead losses * US Fed Chair Jerome Powell's comments pull up financial shares * Maple Leaf Foods ( MLFNF ) to split into two entities; shares jump (Updates with closing figures, sectoral declines) By Nikhil Sharma and Divya Rajagopal July 9 (Reuters) - Canada's main stock index closed...
EMERGING MARKETS-Latam currencies rise as markets digest Powell remarks
EMERGING MARKETS-Latam currencies rise as markets digest Powell remarks
Jul 9, 2024
* Fibra Macquarie announces shareholder backing for Terrafina takeover * Colombia 12-month inflation rate at 7.18% in June * Chile central bank issues new regulations on securitized bonds * Latam stocks up 1.2%, FX up 0.8% (Updated at 03:04 p.m. ET/ 1904 GMT) By Johann M Cherian July 9 (Reuters) - Most Latin American currencies advanced on Tuesday as investors...
Copyright 2023-2025 - www.financetom.com All Rights Reserved