10:44 AM EDT, 05/31/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending lower Friday morning, declining 0.7% to 1,905.87 on the S&P Asia 50 ADR Index, which is down approximately 1.3% for the week.

From North Asia, the gainers were led by technology company Xunlei ( XNET ) and fintech firm AMTD Digital ( HKD ) , which climbed 7% and 6.7% respectively. They were followed by mobile big data platform Aurora Mobile ( JG ) and financial services company Nomura (NMR), which rose 6.4% and 3.6% respectively.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and property technology company Fangdd Network Group ( DUO ) , which fell 8% and 7.8% respectively. They were followed by game live-streaming platform HUYA ( HUYA ) and mobile app developer Cheetah Mobile ( CMCM ) , which dropped 5% and 4.5% respectively.

From South Asia, the gainers were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which rose 3.3% and 2.8% respectively. They were followed by financial services company HDFC Bank ( HDB ) and IT firm Infosys ( INFY ) , which were up 0.3% and 0.2% respectively.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) , which plunged 38.5%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY), which lost 2.5%. They were followed by biotech firm ASLAN Pharmaceuticals ( ASLN ) and tech conglomerate Sea (SE), which were down 1.2% and 1% respectively.