10:49 AM EDT, 04/07/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week sharply lower in Monday trading, falling 2% to 1,874.3 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by utilities company Korea Electric Power ( KEP ) and solar panel maker JinkoSolar ( JKS ) , which rose 4.8% and 4.3% respectively. They were followed by technology company Xunlei ( XNET ) and online brokerage UP Fintech ( TIGR ) , which were up 1.5% and 1.2% respectively.

The decliners from North Asia were led by used car ecommerce platform Uxin ( UXIN ) and media company Phoenix New Media (FENG), which fell 8.5% and 8.2% respectively. They were followed by travel company Tuniu ( TOUR ) and online education platform 51Talk Online Education Group ( COE ) , which dropped 5.8% and 4.8% respectively.

From South Asia, the gainers were led by IT firm Wipro ( WIT ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which advanced 1.8% and 1.5% respectively. They were followed by Infosys ( INFY ) and tech conglomerate Sea (SE), which increased 0.9% and 0.7%, respectively.

The decliners from South Asia were telecommunications operator PLDT ( PHI ) and financial services company HDFC Bank ( HDB ) , which were down 2.3% and 2% respectively.