10:34 AM EST, 12/31/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending higher Tuesday morning, rising 0.52% to 2,081.24 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm AMTD Digital ( HKD ) and ecommerce fashion platform MOGU ( MOGU ) , which climbed 12% and 6.6% respectively. They were followed by automotive ecommerce platforms TuanChe ( TC ) and Autohome ( ATHM ) , which rose 4.5% and 4% respectively.

The decliners from North Asia were led by healthcare platform 111 (YI) and ad agency iClick Interactive Asia Group ( ICLK ) , which fell 6.3% and 6% respectively. They were followed by media company Phoenix New Media ( FENG ) and internet and data center services provider VNET Group ( VNET ) , which dropped 4.6% and 3.9% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Sify Technologies ( SIFY ) , which increased 1.2% and 0.2% respectively. They were followed by telecommunications operator PLDT ( PHI ) and IT firm Wipro ( WIT ) , which were up 0.1% each.

The decliners from South Asia were led by tech conglomerate Sea (SE) and financial services company ICICI Bank ( IBN ) , which lost 1.3% and 0.7% respectively. They were followed by financial services company HDFC Bank ( HDB ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were off 0.6% and 0.2% respectively.