10:48 AM EDT, 07/22/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts kicked off the week moving higher Monday morning, rising 0.90% to 1,975.76 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by polysilicon manufacturer Daqo New Energy ( DQ ) and wealth management firm Noah (NOAH), which climbed 13% and 7.2%, respectively. They were followed by online education platform 51Talk Online Education Group ( COE ) and mobile big data platform Aurora Mobile ( JG ) , which increased 6.4% and 5.5%, respectively.

The decliners from North Asia were led by media company Phoenix New Media ( FENG ) , which fell 8.4% and e-commerce fashion platform MOGU ( MOGU ) , which retreated 5.7%. Online entertainment provider iQIYI (IQ) was down 5.6% and brand platform 36Kr (KRKR) retreated 5.4%.

From South Asia, the gainers were led by Dr. Reddy's Laboratories (RDY), which rose 2.2%, followed by financial services company HDFC Bank ( HDB ) and business process management company WNS (WNS), which were up 1.9% and 0.4%, respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) and IT firm Sify Technologies ( SIFY ) , which lost 14% and 3.3%, respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Wipro ( WIT ) , which were down 2.8% and 2.5%, respectively.