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

MT Newswires Live05-21 22:41

Asian equities traded in the US as American depositary receipts were trending lower Thursday morning, declining 0.94% to 2,836.35 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by video display maker LG Display (LPL) and real estate and digital security company Eason Technology (DXF), which advanced 12% and 6.5% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and utilities company Korea Electric Power (KEP), which rose 2.5% and 1.2% respectively.

The decliners from North Asia were led by internet and data center services provider VNET Group (VNET) and online entertainment company Bilibili (BILI), which dropped 5.5% and 4.4% respectively. They were followed by tech companies Alibaba Group (BABA) and Baidu (BIDU), which lost 3.8% and 3.2% respectively.

There were no gainers from South Asia.

The decliners from South Asia were led by IT firm Infosys (INFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which fell 3.8% and 2.8% respectively. They were followed by computer hardware maker Canaan (CAN) and IT firm Sify Technologies (SIFY), which were off 0.9% and 0.5% respectively.

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