10:41 AM EST, 12/18/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving higher Wednesday morning, rising 0.54% to 2,093.72 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive ecommerce platform Cango ( CANG ) and ad agency iClick Interactive Asia Group ( ICLK ) , which advanced 24% and 6.7%, respectively. They were followed by semiconductor company Himax Technologies ( HIMX ) and pet-focused platform Boqii ( BQ ) , which climbed 6.6% and 5.3%, respectively.

The decliners from North Asia were led by used car ecommerce platform Uxin (UXIN) and online brokerage UP Fintech (TIGR), which fell 4.2% and 3.6%, respectively. They were followed by automaker Honda Motor (HMC) and video-based social media platform JOYY (YY), which dropped 3% and 2.6%, respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 2.2%, followed by IT firms Wipro ( WIT ) and Infosys ( INFY ) , which were up 1.1% and 0.4% respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and financial services company ICICI Bank ( IBN ) , which lost 2% and 1.4%, respectively. They were followed by tech conglomerate Sea (SE) and IT firm Sify Technologies ( SIFY ) , which were down 1.2% and 0.9%, respectively.