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Asian Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading
Jun 18, 2024 7:54 AM

10:35 AM EDT, 06/18/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts rose Tuesday morning with the S&P Asia 50 ADR Index.gaining 0.75% to 1,960.95

From North Asia, the gainers were led by education company Four Seasons Education ( FEDU ) and pet-focused platform Boqii ( BQ ) , which climbed 13% and 8.1% respectively. They were followed by financial services company CNFinance ( CNF ) and semiconductor company Himax Technologies ( HIMX ) , which increased 6.3% and 5.8% respectively.

The decliners from North Asia were led by consumer lending firm Dunxin Financial ( DXF ) and property technology company Fangdd Network Group ( DUO ) , which fell 11% and 9.2% respectively. They were followed by media company Phoenix New Media ( FENG ) and online game developer The9 ( NCTY ) , which dropped 8.5% and 7.8% respectively.

From South Asia, the gainers were led by IT firm Wipro ( WIT ) and financial services company ICICI Bank ( IBN ) , which rose 2.6% and 2.3% respectively. They were followed by financial services company HDFC Bank ( HDB ) and tech conglomerate Sea (SE), which were up 1.3% each.

The decliners from South Asia were led by biotech company ASLAN Pharmaceuticals ( ASLN ) and IT firm Sify Technologies (SIFY), which lost 7.4% and 3.6% respectively. They were followed by business process management company WNS (WNS) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.9% and 0.5% respectively.

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