financetom
World
financetom
/
World
/
Asian Equities Traded in US as ADRs Rise in Tuesday Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Asian Equities Traded in US as ADRs Rise in Tuesday Trading
Oct 22, 2024 12:27 PM

10:47 AM EDT, 10/22/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts edged higher Tuesday morning with the S&P Asia 50 ADR Index up 0.1% to 2,100.12.

From North Asia, the gainers were led by fintech firm Pintec Technology ( PT ) and consumer lending company LexinFintech ( LX ) , which both climbed 10%. They were followed by online video streaming service iQIYI (IQ) and brand platform Baozun ( BZUN ) , which advanced 9.3% and 8% respectively.

The decliners from North Asia were led by online brokerage UP Fintech ( TIGR ) and automotive ecommerce platform TuanChe ( TC ) , which fell 7% and 1.9% respectively. They were followed by financial services company Sumitomo Mitsui Financial Group ( SMFG ) and solar project developer Emeren Group ( SOL ) , which were down 1.3% and 1.2% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) , which surged 19%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and tech conglomerate Sea (SE), which were up 0.2% and 0.1% respectively.

The only decliners from South Asia were telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Infosys ( INFY ) , which were down 3.7% and 0.2% 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 >
Morning Bid: Tech becalmed, April PMIs start rolling in
Morning Bid: Tech becalmed, April PMIs start rolling in
Apr 22, 2024
(Reuters) - A look at the day ahead in Asian markets. Asian stocks should have a spring in their step on Tuesday after a positive start to the week locally and globally on Monday, supported by a recovery in tech shares, calm in fixed income markets, and a cooling in geopolitical tensions. Tuesday's economic calendar is pretty full, with purchasing...
EMERGING MARKETS-Mexico's peso extends slide, Brazil's real jumps on changing rate cut expectations
EMERGING MARKETS-Mexico's peso extends slide, Brazil's real jumps on changing rate cut expectations
Apr 22, 2024
* Mexican economy grows 1.4% in February from January * Brazil's Campos Neto indicates BCB may slow pace of rate hikes * (Updated at 3:45pm ET/1945 GMT) By Bansari Mayur Kamdar April 22 (Reuters) - The Mexican peso kicked off the week lower on Monday as a strong dollar continued to roil the South American currency, but Brazil's real jumped...
CANADA STOCKS-TSX claws back some April declines as sentiment improves
CANADA STOCKS-TSX claws back some April declines as sentiment improves
Apr 22, 2024
* TSX ends up 0.3% at 21,871.96 * Notches fourth day of gains * Technology gains 1.2%; financials add 0.6% * Materials sector declines as gold falls (Updates at market close) By Fergal Smith April 22 (Reuters) - Canada's main stock index rose on Monday, helped by gains for technology and financial shares, as investor sentiment showed signs of recovering...
MORNING BID ASIA-Tech becalmed, April PMIs start rolling in
MORNING BID ASIA-Tech becalmed, April PMIs start rolling in
Apr 22, 2024
April 23 (Reuters) - A look at the day ahead in Asian markets. Asian stocks should have a spring in their step on Tuesday after a positive start to the week locally and globally on Monday, supported by a recovery in tech shares, calm in fixed income markets, and a cooling in geopolitical tensions. Tuesday's economic calendar is pretty full,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved