Asian Equities Traded in the US as American Depositary Receipts Ease Lower in Friday Trading

MT Newswires Live
2025/11/21

Asian equities traded in the US as American depositary receipts were little changed Friday morning, edging 0.03% lower to 2,569.15 on the S&P Asia 50 ADR Index, which has tumbled 3.5% so far this week.

From North Asia, the gainers were led by automotive company Honda Motor (HMC) and music streaming service Tencent Music Entertainment Group (TME), which rose 3.4% and 3.2%, respectively. They were followed by consumer lender LexinFintech (LX) and semiconductor company Silicon Motion Technology (SIMO), which were up 2.9% and 2.7%, respectively.

The decliners from North Asia were led by pet-focused platform Boqii (BQ) and mobile big data platform Aurora Mobile (JG), which fell 4.2% and 3.3%, respectively. They were followed by fintech firm Qfin (QFIN) and brand platform 36Kr (KRKR), which were down 3% and 2.4%, respectively.

From South Asia, the gainers were led by IT company Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which increased 1.9% and 0.6%, respectively. They were followed by IT firm Infosys (INFY) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which advanced 0.3% and 0.1%, respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which dropped 1.2% and 1.1%, respectively. They were followed by IT firm Wipro (WIT) and lender ICICI Bank (IBN), which lost 1% and 0.8%, respectively.

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