financetom
World
financetom
/
World
/
Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading
Jun 24, 2024 8:15 AM

10:50 AM EDT, 06/24/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipt rose Monday morning with the S&P Asia 50 ADR Index gaining 0.59% to 1,939.47.

From North Asia, the gainers were led by internet and data center service provider VNET Group ( VNET ) and automotive ecommerce platform TuanChe ( TC ) , which climbed 9.5% and 5.9% respectively. They were followed by thin-film liquid display maker LG Display ( LPL ) and ad agency iClick Interactive Asia Group ( ICLK ) , which rose 4.4% and 3.2% respectively.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and brand platform 36Kr (KRKR), which fell 18% and 8.8% respectively. They were followed by media company Phoenix New Media ( FENG ) and computer hardware maker Canaan (CAN), which dropped 7.2% and 6.2% respectively.

From South Asia, the gainers were led by financial services company ICICI Bank ( IBN ) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 1.7% and 1.4% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company HDFC Bank ( HDB ) , which were up 0.8% and 0.7% respectively.

The decliners from South Asia were led by IT firm Sify TechnSify Technologies (SIFY) and business process management company WNS (WNS), which dropped 1.5% and 1.4% respectively. They were followed by IT firm Wipro ( WIT ) and biotech firm ASLAN Pharmaceuticals ( ASLN ) , which were down 0.5% and 0.3% respectively.

Price: 1.82, Change: -0.02, Percent Change: -1.09

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GLOBAL MARKETS-Tech takes stocks higher as ECB prepares for rate cut
GLOBAL MARKETS-Tech takes stocks higher as ECB prepares for rate cut
Sep 13, 2024
* Tech rebound leads stocks higher ahead of ECB rate cut * Expectations of 25 basis point cut pin down borrowing costs * Oil rebounds from near 3-year low * Copper on course for best session since July * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Marc Jones LONDON, Sept 12 (Reuters) - Share markets enjoyed a fourth straight day of...
METALS-Copper jumps nearly 2% on signs of firmer Chinese demand
METALS-Copper jumps nearly 2% on signs of firmer Chinese demand
Sep 13, 2024
(Adds analyst comment and LONDON dateline, updates prices) By Eric Onstad LONDON, Sept 12 (Reuters) - Copper prices jumped to their highest in nearly two weeks on Thursday on signs of firmer demand in top metals consumer China and the prospect of interest rate cuts. Three-month copper on the London Metal Exchange was up 1.9% to $9,263.50 a metric ton...
Tech Rally, ECB Outlook Lift European Bourses Midday
Tech Rally, ECB Outlook Lift European Bourses Midday
Sep 13, 2024
07:50 AM EDT, 09/12/2024 (MT Newswires) -- European bourses tracked higher midday, lifted by tech issues and as traders anticipated a pending rate cut from the European Central Bank. The ECB is expected to lower its key policy rate to 3.50% from 3.75% at the conclusion of its policy meeting in Frankfurt. Bank, tech and retail stocks led gainers, while...
S. Korean shares post best day in over a month, Nvidia-supplier SK Hynix shines
S. Korean shares post best day in over a month, Nvidia-supplier SK Hynix shines
Sep 13, 2024
* KOSPI rises, foreigners net buyers * Korean won strengthens against dollar * South Korea benchmark bond yield rises * For the midday report, please click SEOUL, Sept 12 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares jumped more than 2% on Thursday, its best day in more than a month, as Nvidia ( NVDA )-supplier...
Copyright 2023-2025 - www.financetom.com All Rights Reserved