10:39 AM EDT, 05/24/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending higher Friday morning, rising 1.01% to 1,951.87 on the S&P Asia 50 ADR Index. Despite the gain, the index is set to close out the week about 0.7% lower.

From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and travel company Tuniu ( TOUR ) , which climbed 4.4% and 6% respectively. They were followed by game live-streaming platform DouYu International ( DOYU ) and solar panel maker JinkoSolar ( JKS ) , which rose 3.3% and 5.4% respectively.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and solar project developer Emeren Group ( SOL ) , which fell 14.7% and 8.8% respectively. They were followed by biotech firm Zai Lab ( ZLAB ) and brand platform 36Kr (KRKR), which lost 7.6% and 7.2% respectively.

From South Asia, the gainers were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) and financial services company HDFC Bank ( HDB ) , which rose 4.4% and 2.1% respectively. They were followed by financial services company ICICI Bank ( IBN ) and IT firm Sify Technologies ( SIFY ) , which were up 0.8% and 2.5% respectively.

The decliners from South Asia were led by IT firm Wipro ( WIT ) , which fell 0.3% followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and business process management company WNS (WNS), which were off 0.6% and 0.5% respectively.