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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
Mar 25, 2025 7:52 AM

10:35 AM EDT, 03/25/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.31% to 2,250.99 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company 17 Education & Technology Group ( YQ ) and online brokerage UP Fintech ( TIGR ) , which rose 5% and 3.4% respectively. They were followed by polysilicon manufacturer Daqo New Energy ( DQ ) and streaming music provider Tencent Music Entertainment Group ( TME ) , which were up 3.3% and 2.9% respectively.

The decliners from North Asia were led by technology company Xunlei ( XNET ) and consumer lending firm LexinFintech ( LX ) , which fell 4.3% and 3.8% respectively. They were followed by internet and data center services provider VNET Group ( VNET ) and game-centric live streaming platform DouYu International ( DOYU ) , which dropped 3.7% and 3.3% respectively.

From South Asia, the gainers were led by IT firm Infosys ( INFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which increased 2.2% and 1.6% respectively. They were followed by IT firm Wipro ( WIT ) and financial services company HDFC Bank ( HDB ) , which were up 1.1% and 0.02% respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT company Sify Technologies ( SIFY ) , which lost 2.2% and 0.7% respectively. They were followed by financial services company ICICI Bank ( IBN ) and tech conglomerate Sea (SE), which were down 0.6% each.

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