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Asian Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading
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Asian Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading
Oct 10, 2024 11:11 PM

10:43 AM EDT, 10/10/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving modestly lower Thursday morning, declining 0.26% to 2,111.40 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by financial services company CNFinance ( CNF ) and property technology company Fangdd Network Group ( DUO ) , which climbed 6.8% and 6.2% respectively. They were followed by online game developer The9 ( NCTY ) and consumer lending firm Qudian ( QD ) , which rose 3.6% and 2.7% respectively.

The decliners from North Asia were led by mobile big data platform Aurora Mobile ( JG ) and fintech firm AMTD Digital ( HKD ) , which fell 8.3% and 6.3% respectively. They were followed by game live-streaming platform HUYA ( HUYA ) and solar panel maker JinkoSolar ( JKS ) , which dropped 5.2% and 4.4% respectively.

From South Asia, the only gainers were IT firm Sify Technologies ( SIFY ) and financial services company HDFC Bank ( HDB ) , which increased 8.9% and 1.4% respectively.

The decliners from South Asia were led by IT firms Infosys ( INFY ) and Wipro ( WIT ) , which lost 3.4% and 2.9% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and business process management company WNS (WNS), which were down 2.1% and 1.4% respectively.

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