Asian Equities Traded in the US as American Depositary Receipts Begin Week Lower

MT Newswires Live04-13 22:36

Asian equities traded in the US as American depositary receipts were lower Monday morning, declining 0.67% to 2,735.86 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by travel company Tuniu (TOUR), which climbed 6.4%. It was followed by online game developer The9 (NCTY) and semiconductor company ASE Technology (ASX), which advanced 5.3% and 5% respectively.

The decliners from North Asia were led by brand platform 36Kr (KRKR) and lender CNFinance (CNF), which fell 6.4% and 4.5% respectively. They were followed by video display maker LG Display (LPL) and computer hardware maker Canaan (CAN), which were down 3.6% and 2.6% respectively.

From South Asia, the gainers were led by lender ICICI Bank (IBN), which rose 1.1%, followed by IT firms Infosys (INFY) and Wipro (WIT), which were up 0.3% and 0.2% respectively.

The decliners from South Asia were led by IT company Sify Technologies (SIFY) and lender HDFC Bank (HDB), which dropped 2.6% and 1.6% respectively. They were followed by tech conglomerate Sea (SE) and pharmaceutical firm Dr. Reddy's Laboratories (RDY), which lost 1.4% and 0.7% respectively.

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