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

MT Newswires Live07-23

Asian equities traded in the US as American depositary receipts were trending lower Tuesday morning, declining 0.32% to 1,979.89 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by ad agency iClick Interactive Asia Group (ICLK) and automotive ecommerce platform TuanChe (TC), which climbed 31.3% and 5.2% respectively. They were followed by fintech firm AMTD Digital (HKD) and online game developer The9 (NCTY), which rose 7.3% and 3.6% respectively.

The decliners from North Asia were led by education company Four Seasons Education (FEDU) and online entertainment firm iQIYI (IQ), which fell 5.5% and 4.9% respectively. They were followed by video-sharing site Bilibili (BILI) and ecommerce fashion platform MOGU (MOGU), which dropped 3.7% and 2.4% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and business process management company WNS (WNS), which rose 3% and 0.4% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys (INFY), which were up 1.1% and 0.8% respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals (ASLN), which fell 14.3%, followed by tech conglomerate Sea (SE), which was down 0.8%. They were followed by financial services companies HDFC Bank (HDB) and ICICI Bank (IBN), which were off 0.6% and 0.3% respectively.

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They were followed by fintech firm AMTD Digital (HKD) and online game developer The9 (NCTY), which rose 7.3% and 3.6% respectively.The decliners from North Asia were led by education company Four Seasons Education (FEDU) and online entertainment firm iQIYI (IQ), which fell 5.5% and 4.9% respectively. They were followed by video-sharing site Bilibili (BILI) and ecommerce fashion platform MOGU (MOGU), which dropped 3.7% and 2.4% respectively.From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and business process management company WNS (WNS), which rose 3% and 0.4% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys (INFY), which were up 1.1% and 0.8% respectively.The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals (ASLN), which fell 14.3%, followed by tech conglomerate Sea (SE), which was down 0.8%. 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