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Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading
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Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading
Oct 11, 2024 8:03 AM

10:43 AM EDT, 10/11/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were rising Friday morning, up 1.04% to 2,140.66 on the S&P Asia 50 ADR Index. Despite the gain, the index is down about 1.5% for the week.

From North Asia, the gainers were led by travel company Tuniu ( TOUR ) and financial services company Sumitomo Mitsui Financial Group ( SMFG ) , which rose 4.4% and 3.5% respectively. They were followed by ad agency iClick Interactive Asia Group ( ICLK ) , which was up 3.4%.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and used car ecommerce platform Uxin ( UXIN ) , which fell 8.8% and 5.2% respectively. They were followed by financial services company CNFinance ( CNF ) and healthcare platform 111 (YI), which dropped 3.2% and 3.1% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which advanced 11% and 2.8% respectively. They were followed by IT firm Wipro ( WIT ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which increased 1.5% and 1.4% respectively.

The decliners from South Asia were led by financial services company ICICI Bank ( IBN ) and telecommunications operator PLDT ( PHI ) , which were down 1.3% and 0.7% respectively.

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