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

Asian equities traded in the US as American depositary receipts opened the week slightly lower Monday morning, declining 0.14% to 3,019.02 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by brand platform 36Kr (KRKR) and video display maker LG Display (LPL), which rose 3.8% and 3% respectively. They were followed by semiconductor company ASE Technology (ASX) and media company Phoenix New Media (FENG), which were up 2.9% each.

The decliners from North Asia were led by semiconductor company Silicon Motion Technology (SIMO) and used car marketplace Uxin (UXIN), which fell 7.1% and 6.3% respectively. They were followed by automotive marketplace Token Cat (TC) and online game developer The9 (NCTY), which were down 3.3% and 3.2% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and computer hardware maker Canaan (CAN), which advanced 1.4% and 1.3% respectively. They were followed by IT firm Infosys (INFY), which increased 0.5%.

The decliners from South Asia were led by telecommunications operators PLDT (PHI) and Telekomunikasi Indonesia (TLK), which dropped 2.3% and 1.5% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender HDFC Bank (HDB), which lost 1.1% and 0.9% respectively.