11:04 AM EDT, 10/14/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week higher Monday morning, rising 0.25% to 2,150.34 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by consumer lending firm LexinFintech ( LX ) and pet-focused platform Boqii ( BQ ) , which climbed 8.1% and 7.2% respectively. They were followed by computer hardware maker Canaan (CAN) and internet and data center provider VNET Group ( VNET ) , which rose 5.2% each.

The decliners from North Asia included online brokerage UP Fintech ( TIGR ) and media company Phoenix New Media ( FENG ) , which fell 8.5% and 7.3% respectively. They were followed by mobile app developer Cheetah Mobile ( CMCM ) , which fell 7.1%.

From South Asia, the gainers were led by IT firms Sify Technologies ( SIFY ) and Wipro ( WIT ) , which advanced 16% and 3.5% respectively. They were followed by financial services company HDFC Bank ( HDB ) and IT firm Infosys ( INFY ) , which were up 2.2% and 1.8% respectively.

The decliners from South Asia were led by telecommunications operators PLDT ( PHI ) and Telekomunikasi Indonesia (TLK), which lost 1.7% and 0.7% respectively.