10:38 AM EST, 12/09/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were surging higher Monday morning, climbing 2.69% to 2,155.71 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by online brokerage UP Fintech ( TIGR ) and e-commerce brand platform Baozun ( BZUN ) , which jumped 28% and 24%, respectively. They were followed by education company 17 Education & Technology Group ( YQ ) and video-sharing platform Bilibili ( BILI ) , which advanced 19% and 17%, respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and utilities company Korea Electric Power ( KEP ) , which fell 5.1% and 3.7%, respectively. They were followed by financial services company Shinhan Financial Group ( SHG ) and thin-film liquid display maker LG Display ( LPL ) , which were off 1% and 0.2%, respectively.

From South Asia, the gainers were led by IT firms Wipro ( WIT ) and Sify Technologies ( SIFY ) , which rose 4.1% and 2%, respectively. They were followed by IT firm Infosys ( INFY ) and financial services company HDFC Bank ( HDB ) , which were up 1.9% and 1.4%, respectively.

The were no decliners from South Asia.