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

MT Newswires Live06-16 22:51

Asian equities traded in the US as American depositary receipts were lower Tuesday morning, down 0.80% at 2,874.96 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fashion platform MOGU (MOGU), which climbed up 14%. It was followed by mobile app developer Cheetah Mobile (CMCM) and real estate management and digital technology company Eason Technology (DXF), which advanced 6.1% and 5.5% respectively.

The decliners from North Asia were led by used car marketplace Uxin (UXIN) and online game developer The9 (NCTY), which fell 9.4% and 5.6% respectively. They were followed by mobile big data platform Aurora Mobile (JG) and electric vehicle maker NIO (NIO), which were down 4.1% and 3.3% respectively.

From South Asia, the gainers were led by Canaan (CAN) and IT firm Infosys (INFY), which increased 4% and 3% respectively. They were followed by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which were up 1.7% and 1.6% respectively.

The decliners from South Asia were led by IT firm Sify Technologies (SIFY), which dropped 9%, followed by IT firm Wipro (WIT), which was off 0.7%.

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