10:41 AM EST, 12/23/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts kicked off the holiday-shortened week on a positive note Monday morning, rising 1.04% to 2,062.40 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive company Honda Motor ( HMC ) and solar project developer Emeren Group ( SOL ) , which climbed 13% and 6.6% respectively. They were followed by consumer lending firm Qudian ( QD ) and fintech platform Jiayin Group ( JFIN ) , which rose 4.1% and 3.8% respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and brand platform 36Kr (KRKR), which fell 8.4% and 7.1% respectively. They were followed by mobile big data platform Aurora Mobile ( JG ) and healthcare platform 111 (YI), which dropped 6.8% and 4.5% respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK), which rose 2.2%, followed by financial services company HDFC Bank ( HDB ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.5% and 0.1% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and IT firm Sify Technologies ( SIFY ) , which were down 1.1% and 0.6% respectively. They were followed by IT firms Infosys ( INFY ) and Wipro ( WIT ) , which were off 0.5% and 0.3% respectively.