financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Tread Water in Friday Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Asian Equities Traded in the US as American Depositary Receipts Tread Water in Friday Trading
Feb 7, 2025 7:53 AM

10:41 AM EST, 02/07/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were treading water Friday morning, edging 0.01% higher to 2,188.36 on the S&P Asia 50 ADR Index, which is up 3.8% for the week.

From North Asia, the gainers were led by mobile big data platform Aurora Mobile ( JG ) and consumer lending firm Eason Technology ( DXF ) , which surged 14% and 10%, respectively. They were followed by online brokerage UP Fintech ( TIGR ) and e-commerce company Alibaba Group ( BABA ) , which rose 5.5% and 5.2%, respectively.

The decliners from North Asia were led by fintech firms AMTD Digital ( HKD ) and Jiayin Group ( JFIN ) , which dropped 10% and 8.3%, respectively. They were followed by thin-film liquid display maker LG Display ( LPL ) and financial services company Shinhan Financial Group ( SHG ) , which fell 4% and 1.9%, respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) , which increased 5.6%, followed by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which were up 0.7% and 0.4%, respectively.

The decliners from South Asia were led by IT firm Infosys ( INFY ) and financial services company ICICI Bank ( IBN ) , which lost 2.6% and 2%, respectively. They were followed by financial services company HDFC Bank ( HDB ) and telecommunications operator PLDT ( PHI ) , which were down 1.3% and 1%, respectively.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's Nikkei rallies for fourth day; Toyota leads auto surge
Japan's Nikkei rallies for fourth day; Toyota leads auto surge
May 25, 2025
(Updates with closing levels) By Kevin Buckland TOKYO, April 28 (Reuters) - Japan's Nikkei rose for a fourth straight session on Monday, driven by automobiles stocks after Toyota Motor ( TM ) revealed it might invest in key parts supplier Toyota Industries ( TYIDF ). Sentiment was also buoyed broadly by some signs of a thaw in the Sino-U.S. trade...
MORNING BID EUROPE-Markets long for more signal, less noise on trade
MORNING BID EUROPE-Markets long for more signal, less noise on trade
May 25, 2025
A look at the day ahead in European and global markets from Wayne Cole. It's been a blessedly quiet start to the week, with President Trump more engrossed on his disappointment with Russia, than his trade war. In this case, silence is golden, as the White House's communication on trade has been a lot more noise than signal. Thus, Agriculture...
Oil prices edge higher amid economic uncertainty, OPEC+ supply fears
Oil prices edge higher amid economic uncertainty, OPEC+ supply fears
May 25, 2025
NEW DELHI (Reuters) -Oil prices inched higher on Monday though remained dogged by uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand, while the prospect of OPEC+ raising supply cast more gloom. Brent crude futures were up 21 cents, or 0.3%, at $67.08 a barrel, as of 0742 GMT. U.S. West...
Morning Bid: Markets long for more signal, less noise on trade
Morning Bid: Markets long for more signal, less noise on trade
May 25, 2025
A look at the day ahead in European and global markets from Wayne Cole. It's been a blessedly quiet start to the week, with President Trump more engrossed on his disappointment with Russia, than his trade war. In this case, silence is golden, as the White House's communication on trade has been a lot more noise than signal. Thus, Agriculture...
Copyright 2023-2026 - www.financetom.com All Rights Reserved