Asian Equities Traded in the US as American Depositary Receipts Open Week Sharply Higher in Monday Trading

MT Newswires Live
02-10

Asian equities traded in the US as American depositary receipts kicked off the week sharply higher Monday morning, rising 1.11% to 2,190.94 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile big data platform Aurora Mobile (JG) and tech company Xunlei (XNET), which climbed 21% and 9.8% respectively. They were followed by fintech firm Jiayin Group (JFIN) and internet and data center provider VNET Group (VNET), which advanced 8 .1% and 6.5% respectively.

The decliners from North Asia were led by consumer lending firm Eason Technology (DXF) and brand management company 36Kr (KRKR), which fell 12% and 7.2% respectively. They were followed by diagnostic imaging centers company Concord Medical Services (CCM) and consumer lending firm LexinFintech (LX), which dropped 6% and 3.6% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and financial services company ICICI Bank (IBN), which rose 1% and 0.7% respectively. They were followed by It firm Wipro (WIT) and telecommunications operator PLDT (PHI), which were up 0.3% and 0.1% respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK), which lost 7% followed by IT firm Infosys (INFY) and financial services company HDFC Bank (HDB), which were off 0.3% and 0.1% respectively.

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