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

MT Newswires Live07-01 22:38

Asian equities traded in the US as American depositary receipts were edging lower Wednesday morning, easing 0.15% to 2,865.02 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive marketplace Token Cat (TC) and real estate management and digital security company Eason Technology (DXF), which soared 170% and 140% respectively. They were followed by used car platform Uxin (UXIN) and travel company Tuniu (TOUR), which advanced 13% and 5.7% respectively.

The decliners from North Asia were led by mobile big data platform Aurora Mobile (JG) and LG Display (LPL), which fell 5.6% and 5.1% respectively. They were followed by semiconductor companies Himax Technologies (HIMX) and Silicon Motion Technology (SIMO), which were down 4.9% and 2.3% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and Telekomunikasi Indonesia (TLK), which rose 3.8% and 2.4% respectively. They were followed by Canaan (CAN) and telecommunications operator PLDT (PHI), which were up 1% and 0.6% respectively.

The decliners from South Asia were led by IT firm Wipro (WIT) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 12% and 2.7% respectively. They were followed by fintech firm Trident Digital Tech (TDTH) and lender HDFC Bank (HDB), which lost 2.1% and 1% respectively.

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