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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
Apr 11, 2025 7:53 AM

10:34 AM EDT, 04/11/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were higher Friday morning, rising 0.86% to 1,922.22 on the S&P Asia 50 ADR Index, which is up 4.81% for the week.

From North Asia, the gainers were led by biotech firm Zai Lab ( ZLAB ) and financial services company CNFinance ( CNF ) , which surged 17% and 12%, respectively. They were followed by education company Four Seasons Education (FEDU) and mobile healthcare platform 111 (YI), which climbed 8% and 6.6%, respectively.

The decliners from North Asia were led by education companies 51Talk Online Education Group ( COE ) and 17 Education & Technology Group ( YQ ) , which fell 5.4% and 5%, respectively. They were followed by media companies Phoenix New Media (FENG) and 36Kr (KRKR), which lost 4.6% and 2.9%, respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT ( PHI ) , which rose 2% and 1.8%, respectively. They were followed by financial services company HDFC Bank ( HDB ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 1.3% and 0.7%, respectively.

The decliners from South Asia were led by IT firms Wipro ( WIT ) and Infosys ( INFY ) , which dropped 1.9% and 1.7%, respectively. They were followed by tech conglomerate Sea (SE), which was off 0.7%.

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