Asian Equities Traded in the US as American Depositary Receipts Start Week Lower

MT Newswires Live10-12 22:40

Asian equities traded in the US as American depositary receipts opened the week lower Monday morning, declining 0.46% to 2,965.63 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by game live-streaming service HUYA (HUYA) and used car marketplace Uxin (UXIN), which were up 1.6% and 0.9% respectively.

The decliners from North Asia were led by fashion platform MOGU (MOGU) and LexinFintech (LX), which shed 16% and 8.1% respectively. They were followed by diagnostic imaging centers firm Concord Medical Services (CCM) and fintech firm J and Friends (JF), which fell 7.5% and 6.9% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender HDFC Bank (HDB), which advanced 3.3% and 0.8% respectively. They were followed by telecommunications firm PLDT (PHI), which rose 1%.

The decliners from South Asia were led by Canaan (CAN), which lost 5.6%, followed by telecommunications firm Telekomunikasi Indonesia (TLK), which was off 0.3%.

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