Asian Equities Traded in the US as American Depositary Receipts Decline

MT Newswires Live00:01

Asian equities traded in the US as American depositary receipts were lower Thursday morning, down 0.5% to 2,033.35 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile big data service platform Aurora Mobile (JG) and online marketing and enterprise data provider iClick (ICLK), which advanced 21% and 2.1% respectively.

The decliners from North Asia were led by cloud computing company Kingsoft Cloud (KC) and video platform iQIYI (IQ), which fell 12% and 11% respectively.

They were followed by online retailer Pinduoduo (PDD), which dropped 9.5%.

From South Asia, the gainers were led by telecom Telekomunikasi Indonesia (TLK), which rose nearly 3%.

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.

Comments

We need your insight to fill this gap
Leave a comment