Asian Equities Traded in the US as American Depositary Receipts Edge Higher in Monday Trading

MT Newswires Live11-25

Asian equities traded in the US as American depositary receipts were edging up on Monday morning, up 0.1% to 2,041.86 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by video platform IQIYI (IQ) and artificial intelligence company Tuya (TUYA), which advanced 10% and 5.2% respectively.

They were followed by biopharmaceutical company Zai Lab (ZLAB), which added 3.2%.

The decliners from North Asia were led by online used car dealer Uxin (UXIN) and real estate company KE (BEKE), which fell past 10% and 3.7% respectively.

They were followed by electric vehicle maker Nio (NIO), which dropped 3%.

From South Asia, the gainers were led by India's HDFC Bank (HDB) and tech company Wipro (WIT), which rose 3.3% and 1.7% respectively.

The decliners from South Asia were led by Philippine telecommunications company PLDT (PHI), which fell 1.6%.

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