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

MT Newswires Live
2024-09-23

Asian equities traded in the US as American depositary receipts were gaining Monday morning, up 0.8% to 2,001.80 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by real estate holding company KE (BEKE) and e-commerce company JD.com (JD), which rose 4.5% and 3.6%, respectively.

They were followed by data center company GDS (GDS) and brokerage and wealth management platform Futu (FUTU), which climbed 4.8% and 3.1%, respectively.

The decliners from North Asia were led by household and consumer goods company Miniso (MNSO) and educational services provider New Oriental Education & Technology (EDU), which fell 15% and 5.2%, respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 3.4% and 1.2%, respectively.

The decliners from South Asia were led by Indian information and communications technology firm Sify Technologies (SIFY), which dropped 4.2%.

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