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Asian Equities Traded in the US as American Depositary Receipts Rise Slightly Higher in Friday Trading; End Week on Flat Note
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Asian Equities Traded in the US as American Depositary Receipts Rise Slightly Higher in Friday Trading; End Week on Flat Note
May 1, 2026 8:06 AM

10:37 AM EDT, 05/01/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking slightly higher Friday morning, rising 0.21% to 2,809.21 on the S&P Asia 50 ADR Index, which is up only 0.01% for the week.

From North Asia, the gainers were led by semiconductor company Silicon Motion Technology (SIMO) and video streaming service iQIYI (IQ), which rose 4.4% and 4.3% respectively. They were followed by video display maker LG Display ( LPL ) and fintech firm AMTD Digital ( HKD ) , which advanced 3.4% and 2.9% respectively.

The decliners from North Asia were led by real estate management firm Eason Technology ( DXF ) and electric vehicle maker NIO (NIO), which fell 7.1% and 6.8% respectively. They were followed by casino and resort operator Melco Resorts & Entertainment ( MLCO ) and lender Nomura (NMR), which were down 4.2% and 2.2% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Infosys ( INFY ) , which increased 1.5% and 0.6% respectively. They were followed by lender ICICI Bank ( IBN ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.3% each.

The decliners from South Asia were led by IT company Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which lost 0.5% and 0.3% respectively. They were followed by IT firm Wipro ( WIT ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were off 0.2% each.

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