Asian Equities Traded in the US as American Depositary Receipts Little Changed in Thursday Trading

MT Newswires Live12-04 23:33

Asian equities traded in the US as American depositary receipts were little changed Thursday morning, edging 0.10% higher to 2,693.54 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by online education company 51Talk Online Education Group (COE) and fintech firm Chaince Digital (CD), which advanced 12% and 6.6% respectively. They were followed by online brokerage UP Fintech (TIGR) and travel company Tuniu (TOUR), which were up 6.1% and 3.9% respectively.

The decliners from North Asia were led by automotive marketplace Cango (CANG) and mobile health 111 (YI), which dropped 6.7% and 4.8% respectively. They were followed by lender Shinhan Financial Group (SHG) and casino and resort operator Melco Resorts & Entertainment (MLCO), which lost 2.3% and 1.9% respectively.

From South Asia, the gainers were led by IT firm Infosys (INFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 1.8% and 0.7% respectively. They were followed by IT firms Sify Technologies (SIFY) and Wipro (WIT), which were up 0.6% and 0.5% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE), which was down 1.7%, followed by lenders ICICI Bank (IBN) and HDFC Bank (HDB), which were off 0.2% and 0.1% respectively.

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