Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading

MT Newswires Live04-20 22:40

Asian equities traded in the US as American depositary receipts were heading lower Monday morning, declining 0.81% to 2,842.26 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education companies 17 Education & Technology Group (YQ) and Four Seasons Education (FEDU), which climbed 13% and 4.9% respectively. They were followed by game-centric live streaming platform DouYu International (DOYU) and brand platform 36Kr (KRKR), which advanced 4% each.

The decliners from North Asia were led by mobile big data platform Aurora Mobile (JG) and computer hardware maker Canaan (CAN), which fell 12% and 3.2% respectively. They were followed by fintech firm J and Friends (JF) and used car marketplace Uxin (UXIN), which were down 2.7% and 2.4% respectively.

From South Asia, the only gainers were IT firm Sify Technologies (SIFY) and lender ICICI Bank (IBN), which rose 1.6% and 0.6% respectively.

The decliners from South Asia were led by lender HDFC Bank (HDB) and IT firm Wipro (WIT), which lost 3.4% and 2% respectively. They were followed by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 1.8% and 1.6% respectively.

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