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

MT Newswires Live09-03

Asian equities traded in the US as American depositary receipts were down sharply Tuesday morning, falling 1.58% to 1,933.70 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile big data platform Aurora Mobile (JG) and the used car ecommerce platform Uxin (UXIN), which climbed 10% and 5.1% respectively. They were followed by education platform 17 Education & Technology Group (YQ) and ad agency iClick Interactive Asia Group (ICLK), which increased 5.4% and 0.8% respectively.

The decliners from North Asia were led by education company Four Seasons Education (FEDU) and brand platform 36Kr (KRKR), which dropped 17.7% and 6.7% respectively. They were followed by thin-film liquid display maker LG Display (LPL) and financial services company CNFinance (CNF), which lost 6.6% and 6.3% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY), which soared 116%, followed by financial services company ICICI Bank (IBN), which rose 0.8%, while tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK) were up 0.9% and 0.3% respectively.

The decliners from South Asia were led by telecommunications operator PLDT (PHI) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which fell 3.3% and 2.9% respectively. They were followed by business process management company WNS (WNS) and IT firm Wipro (WIT), which were down 2.2% and 0.7% respectively.

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They were followed by education platform 17 Education & Technology Group (YQ) and ad agency iClick Interactive Asia Group (ICLK), which increased 5.4% and 0.8% respectively.The decliners from North Asia were led by education company Four Seasons Education (FEDU) and brand platform 36Kr (KRKR), which dropped 17.7% and 6.7% respectively. They were followed by thin-film liquid display maker LG Display (LPL) and financial services company CNFinance (CNF), which lost 6.6% and 6.3% respectively.From South Asia, the gainers were led by IT firm Sify Technologies (SIFY), which soared 116%, followed by financial services company ICICI Bank (IBN), which rose 0.8%, while tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK) were up 0.9% and 0.3% respectively.The decliners from South Asia were led by telecommunications operator PLDT (PHI) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which fell 3.3% and 2.9% respectively. They were followed by business process management company WNS (WNS) and IT firm Wipro (WIT), which were down 2.2% and 0.7% respectively.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2464388622"}