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

MT Newswires Live07-16 22:50

Asian equities traded in the US as American depositary receipts were lower on Thursday morning, shedding 0.6% to 2,938.98 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company ChipMOS Technologies (IMOS) and carmaker Honda (HMC), which rose 6.2% and 3.2% respectively.

They were followed by tech giant Baidu (BIDU), which climbed 3.3%.

The decliners from North Asia were led by semiconductor company United Microelectronics (UMC) and radiotherapy and diagnostic imaging operator Concord Medical Services (CCM), which fell 8.9% and 0.7% respectively.

They were followed by fabless semiconductor manufacturer Himax Technologies (HIMX), which shed 4.7%.

From South Asia, the gainers were led by tech firm Sify Technologies (SIFY) and travel agency Trip.com (TCOM), which rose 3.2% and 1.9% respectively. They were followed by telecom PLDT (PHI), which added 1.6%.

The decliners from South Asia were led by tech company Wipro (WIT), which shed 1.9%.

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