Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading

MT Newswires Live
06/29

Asian equities traded in the US as American depositary receipts were trading higher Monday morning, rising 0.74% to 2,801.88 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by lender Shinhan Financial Group (SHG) and video-sharing platform Bilibili (BILI), which were up 4.2% and 3.1% respectively. They were followed by video display maker LG Display (LPL) and streaming entertainment service iQIYI (IQ), which were up 2.2% and 2% respectively.

The decliners from North Asia were led by mobile big data platform Aurora Mobile (JG) and real estate management and digital security firm Eason Technology (DXF), which lost 8% and 4% respectively. They were followed by fintech company J and Friends (JF) and data center services provider VNET Group (VNET), which dropped 2.8% and 2% respectively.

From South Asia, the only gainers were tech conglomerate Sea (SE) and telecommunications operator PLDT (PHI), which increased 3.4% and 0.6% respectively.

The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and computer hardware maker Canaan (CAN), which fell 8.7% and 4.1% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which were down 3.2% and 1.1% respectively.

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