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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
Dec 3, 2024 8:14 AM

10:45 AM EST, 12/03/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were up modestly Tuesday morning, rising 0.22% to 2,085.74 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by solar panel maker JinkoSolar ( JKS ) and online entertainment service iQIYI (IQ), which rose 5.7% and 3.4%, respectively. They were followed by biotech firm Zai Lab ( ZLAB ) and fintech firm AMTD Digital ( HKD ) , which were up 2.2% and 2.4%, respectively.

The decliners from North Asia were led by advertising firm iClick Interactive Asia Group ( ICLK ) and used car ecommerce platform Cango ( CANG ) , which tumbled 23% and 14%, respectively. They were followed by mobile big data platform Aurora Mobile ( JG ) and video-sharing platform Bilibili ( BILI ) , which dropped 5.7% and 5.4%, respectively.

From South Asia, the gainers were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which rose 5.3% and 2.8%, respectively. They were followed by tech conglomerate Sea (SE), which was up 1.4% respectively.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) , which lost 0.9%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys ( INFY ) , which were off 0.5% and 0.3%, respectively.

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