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

MT Newswires Live
Nov 17

Asian equities traded in the US as American depositary receipts opened the week little changed Monday morning, edging 0.01% lower to 2,677.43 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by solar module maker JinkoSolar (JKS) and ecommerce company Alibaba Group (BABA), which advanced 8% and 4.1%, respectively. They were followed by digital services company AMTD Digital (HKD) and automotive marketplace Cango (CANG), which increased 4% and 3.4%, respectively.

The decliners from North Asia were led by brand platform 36Kr (KRKR) and education company 51Talk Online Education Group (COE), which fell 7.2% and 6.6%, respectively. They were followed by Chaince Digital (CD) and mobile healthcare platform 111 (YI), which dropped 6% and 4.4%, respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and telecommunications operator PLDT (PHI), which rose 4.7% and 3%, respectively. They were followed by IT firm Sify Technologies (SIFY) and lender HDFC Bank (HDB), which were up 2.6% and 1.3%, respectively.

There were no decliners from South Asia.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10