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Asian Equities Traded in the US as American Depositary Receipts Trend Higher in Thursday Trading
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Asian Equities Traded in the US as American Depositary Receipts Trend Higher in Thursday Trading
Feb 6, 2025 7:43 AM

10:26 AM EST, 02/06/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending higher Thursday morning, rising 0.34% to 2,186.28 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech company AMTD Digital ( HKD ) and online brokerage UP Fintech ( TIGR ) , which climbed 12% and 5.2% respectively. They were followed by diagnostic imaging centers company Concord Medical Services ( CCM ) and automotive e-commerce platform Cango ( CANG ) , which rose 5% and 4.4% respectively.

The decliners from North Asia were led by media company Phoenix New Media ( FENG ) and mobile big data platform Aurora Mobile ( JG ) , which dropped 4.1% and 3.5% respectively. They were followed by semiconductor company Silicon Motion Technology ( SIMO ) and financial services company Nomura (NMR), which fell 2.1% and 1.9% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which rose 5.7% and 0.8% respectively. They were followed by pharmaceutical company Reddy's Laboratories (RDY) and financial services company HDFC Bank ( HDB ) , which were up 0.4% and 0.3% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which were down 0.5% each. They were followed by IT firm Wipro ( WIT ) and financial services company ICICI Bank ( IBN ) , which were off 0.4% and 0.3% respectively.

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