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

MT Newswires Live
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Asian equities traded in the US as American depositary receipts were tracking higher Tuesday morning, rising 0.63% to 2,920.17 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive marketplace Token Cat (TC) and internet and data center service provider VNET Group (VNET), which advanced 8.6% and 8.4% respectively. They were followed by mobile big data platform Aurora Mobile (JG) and pharmaceutical company Takeda Pharmaceutical (TAK), which increased 3.4% and 2% respectively.

The decliners from North Asia were led by tech company Xunlei (XNET) and diagnostic imaging centers company Concord Medical Services (CCM), which fell 2.4% and 2.3% respectively. They were followed by semiconductor company Silicon Motion Technology (SIMO) and video display maker LG Display (LPL), which were down 2% and 1.7% respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Infosys (INFY), which climbed 9.7% and 1.9%, respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which were up 1.7% and 1.3%, respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and computer hardware maker Canaan (CAN), which lost 6.6% and 3.4% respectively. They were followed by IT firm Sify Technologies (SIFY), which was off 0.9%.

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