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

MT Newswires Live05-26 22:41

Asian equities traded in the US as American depositary receipts were up sharply Tuesday morning, rising 1.6% to 2,895.57 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm High Templar Tech (HTT) and social media company JOYY (JOYY), which climbed 24.6% and 15.6% respectively. They were followed by online brokerage UP Fintech (TIGR) and semiconductor company ASE Technology (ASX), which increased 14% and 12% respectively.

The decliners from North Asia were led by property management and tech company Eason Technology (DXF) and fintech firm J and Friends (JF), which dropped more than 15% and 9% respectively. They were followed by automotive marketplace Token Cat (TC) and brand platform 36Kr (KRKR), which fell 5.8% and 3.6% respectively.

From South Asia, the gainers were tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 2.8% and 2.3% respectively. They were followed by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up more than 1% each.

The decliners from South Asia were IT firm Infosys (INFY) and fintech company Trident Digital Tech (TDTH), which fell 3% and 1.9% respectively.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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They were followed by online brokerage UP Fintech (TIGR) and semiconductor company ASE Technology (ASX), which increased 14% and 12% respectively.The decliners from North Asia were led by property management and tech company Eason Technology (DXF) and fintech firm J and Friends (JF), which dropped more than 15% and 9% respectively. They were followed by automotive marketplace Token Cat (TC) and brand platform 36Kr (KRKR), which fell 5.8% and 3.6% respectively.From South Asia, the gainers were tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 2.8% and 2.3% respectively. They were followed by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up more than 1% each.The decliners from South Asia were IT firm Infosys (INFY) and fintech company Trident Digital Tech (TDTH), which fell 3% and 1.9% respectively.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2638054399","isCrawlerRequest":true}