Asian Equities Traded in the US as American Depositary Receipts Open Week on Flat Note

MT Newswires Live07-01

Asian equities traded in the US as American depositary receipts started the week flat Monday morning, nudging 0.005% higher to 1,959.42 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by game live-streaming platforms DouYu International (DOYU) and HUYA (HUYA), which rose 4.8% each. They were followed by electric vehicle maker NIO (NIO) and biotech firm BeiGene (BGNE), which added 4.7% and 4.2%, respectively.

The decliners from North Asia were led by mobile big data platform Aurora Mobile (JG), which declined 8.3%, while diagnostic imaging centers company Concord Medical Services (CCM) lost 5.7%. They were followed by online education platform 51Talk Online Education Group (COE) and online game developer Gravity (GRVY), which retreated 5.6% and 4.5%, respectively.

From South Asia, the gainers were led by biotech firm ASLAN Pharmaceuticals (ASLN), which climbed 6.7%, then IT firm Sify Technologies (SIFY) added 4%. IT firm Wipro (WIT) rose 1.2%, while business process management company WNS (WNS) added 1.1%.

The only decliners from South Asia were tech conglomerate Sea (SE) and pharmaceutical firm Dr. Reddy's Laboratories (RDY), which lost 4.3% and 0.6%, respectively.

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