Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading

MT Newswires Live
02-13

Asian equities traded in the US as American depositary receipts were higher Thursday morning, rising 0.4% to 2,203.14 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX) and consumer lending firm Eason Technology (DXF), which climbed 6.9% and 5.4% respectively. They were followed by semiconductor company ASE Technology (ASX) and biotech firm Zai Lab (ZLAB), which advanced 5.4% and 4.7% respectively.

The decliners from North Asia were led by media company 36Kr (KRKR) and mobile big data platform Aurora Mobile (JG), which fell 4.4% and 3.4% respectively. They were followed by automotive ecommerce platform Cango (CANG) and computer hardware maker Canaan (CAN), which dropped 2.7% and 2.2% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY), which increased 1.2%, followed by financial services company ICICI Bank (IBN) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.3% and 0.2% respectively.

The decliners from South Asia were led by IT firm Infosys (INFY) and telecommunications operator PLDT (PHI), which were down 0.6% and 0.5% respectively. They were followed by Wipro (WIT) and financial services company HDFC Bank (HDB), which were off 0.4% and 0.2% respectively.

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