financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Rise in Friday 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 Rise in Friday Trading
May 26, 2025 5:09 AM

10:38 AM EDT, 05/09/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were up Friday morning, rising 0.92% to 2,166.27 on the S&P Asia 50 ADR Index. For the week, the index is still down 0.68%.

From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and consumer lending firm Eason Technology ( DXF ) , which advanced 21% and 8.6% respectively. They were followed by brand platform Baozun ( BZUN ) and mobile big data platform Aurora Mobile ( JG ) , which rose 5.6% and 4.6% respectively.

The decliners from North Asia were led by game live-streaming company DouYu International ( DOYU ) and media firm Phoenix New Media ( FENG ) , which dropped 3.3% and 2.8% respectively. They were followed by automotive marketplace Autohome ( ATHM ) , which was down 1.7%.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company HDFC Bank ( HDB ) , which increased 4.2% and 2% respectively. They were followed by IT firm Sify Technologies ( SIFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 1.9% and 1.8% respectively.

The lone decliner from South Asia was tech conglomerate Sea (SE), which was down 2.6%.

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 >
CANADA STOCKS-TSX posts longest daily losing streak since April
CANADA STOCKS-TSX posts longest daily losing streak since April
Nov 3, 2024
* TSX ends down 0.36% at 24,463.67 * For the week, the index loses 1.45% * Real estate sector falls 0.9% * Energy adds 1.39%; oil settles up 2.27% (Updates at market close) By Fergal Smith Oct 25 (Reuters) - Canada's main stock index ended lower for a fifth straight day on Friday, led by declines for the real estate...
Japan's Nikkei and yen set to lurch on political uncertainty
Japan's Nikkei and yen set to lurch on political uncertainty
Nov 3, 2024
TOKYO (Reuters) - Japanese stocks and the yen are expected to fall while longer-dated domestic government bond yields are seen rising as exit polls suggest Prime Minister Shigeru Ishiba's coalition is set to lose its parliamentary majority in Sunday's election. The long-ruling LDP and its junior coalition partner Komeito - or potentially even another grouping - could be forced into...
Oil prices likely to fall after Israel shows restraint in strikes on Iran
Oil prices likely to fall after Israel shows restraint in strikes on Iran
Nov 3, 2024
SINGAPORE/LONDON (Reuters) - Oil prices are expected to fall when trading resumes on Monday as Israel's retaliatory strike on Iran over the weekend bypassed Tehran's oil and nuclear infrastructure and did not disrupt energy supplies, analysts said. Brent and U.S. West Texas Intermediate crude futures gained 4% last week in volatile trade as markets priced in uncertainty around the extent...
Morning Bid: Japan election shockwaves kick off critical week
Morning Bid: Japan election shockwaves kick off critical week
Nov 3, 2024
(Reuters) - A look at the day ahead in Asian markets.  A hugely pivotal week for world markets begins with investors in Asia already bracing for volatile trading in Japanese assets on Monday after Prime Minister Shigeru Ishiba lost his parliamentary majority in the country's general election. Ishiba's Liberal Democratic Party has ruled Japan for almost all of its post-war...
Copyright 2023-2025 - www.financetom.com All Rights Reserved