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Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading
Sep 10, 2024 11:52 PM

10:51 AM EDT, 09/10/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were heading lower Tuesday morning, declining 0.69% to 1,879.57 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by solar project developer Emeren ( SOL ) and online education platform 51Talk Online Education Group ( COE ) , which climbed 7.1% and 6.9% higher respectively. They were followed by solar panel maker JinkoSolar ( JKS ) and consumer lending firm Qudian ( QD ) , which rose 3.5% and 2.8% respectively

The decliners from North Asia were led by online brokerage UP Fintech ( TIGR ) and thin-film liquid display maker LG Display ( LPL ) , which dropped 4.2% and 3.1% respectively. They were followed by education company Four Seasons Education ( FEDU ) and automotive ecommerce platform Cango ( CANG ) , which were down 1.5% and 0.6% respectively.

From South Asia, the only gainers were IT firms Wipro ( WIT ) and Infosys ( INFY ) , which increased 1.4% and 1.3% respectively.

The decliners from South Asia were led by financial services companies ICICI Bank (IBN) and HDFC Bank ( HDB ) , which fell 1.3% and 1.1% respectively. They were followed by IT firm Sify Technologies ( SIFY ) , which was off 0.8%.

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