Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading

MT Newswires Live04-28 22:57

Asian equities traded in the US as American depositary receipts were declining on Tuesday morning, down 1.4% to 2,747.76 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by medical services platform PomDoctor (POM) and steel manufacturer Posco (PKX), which climbed 12% and 7.3% respectively.

They were followed by consumer tech company Smart Share Global (EM) and banking holding company Mizuho Financial Group (MFG), which rose 4.3% and 2.2% respectively.

The decliners from North Asia were led by technology and healthcare company VisionSys AI (VSA) and Internet and data center service provider VNET Group (VNET), which dropped 26% and 6.1% respectively.

They were followed by cloud service provider Kingsoft Cloud (KC), which shed 6%.

From South Asia, the gainers were led by pharmaceutical company Dr Reddy's Laboratories (RDY), which increased 0.8%.

The decliners from South Asia were led by Sify Technologies (SIFY), which fell 2%, followed by telecoms Telkom Indonesia (TLK) and PLDT (PHI), which were down 1.5% and 1.6%, respectively.

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