10:39 AM EDT, 08/06/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were rebounding slightly Tuesday morning after Monday's selloff, rising 0.47% to 1,807.50 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by ad agency iClick Interactive Asia Group ( ICLK ) and travel company Tuniu ( TOUR ) , which climbed 23% and 9.5%, respectively. Property technology company Fangdd Network Group ( DUO ) gained 7.9%, while diagnostic imaging centers company Concord Medical Services ( CCM ) added 7.8%.

The decliners from North Asia were led by financial services company Sumitomo Mitsui Financial Group ( SMFG ) and technology company Xunlei ( XNET ) , which fell 9.3% and 8.1%, respectively. They were followed by solar project developer Emeren Group ( SOL ) and mobile big data platform Aurora Mobile ( JG ) , which dropped 5.2% and 4.7%, respectively.

From South Asia, the gainers were led by IT firm Wipro ( WIT ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which increased 2.4% and 1.2%, respectively. IT firm Infosys ( INFY ) was also up 0.7% and telecommunications operator PLDT ( PHI ) gained 0.6%.

The only decliners from South Asia were tech conglomerate Sea (SE) and financial services company ICICI Bank ( IBN ) , which were off 0.7% and 0.3%, respectively.