10:47 AM EST, 12/10/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were sharply lower Tuesday morning, falling 1.4% to 2,107.41 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by utilities company Korea Electric Power ( KEP ) and semiconductor company Himax Technologies ( HIMX ) , which rose 1.6% and 0.9% respectively. They were followed by thin-film liquid display maker LG Display ( LPL ) and pet-focused platform Boqii ( BQ ) , which were up 0.5% and 0.2% respectively.

The decliners from North Asia were led by online brokerage UP Fintech ( TIGR ) and video-sharing platform Bilibili ( BILI ) , which fell 11% and 9.8% respectively. They were followed by brand platform 36Kr (KRKR) and oncology company BeiGene ( BGNE ) , which dropped 9% and 8.9% respectively.

From South Asia, the gainers were led by IT firm Wipro ( WIT ) , which rose 1%, followed by telecommunications operator Telekomunikasi Indonesia (TLK) and financial services company ICICI Bank ( IBN ) , which increased 0.5% and 0.2% respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY), which lost 1%, followed by IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which were down 0.9% and 0.4% respectively.