10:31 AM EST, 12/20/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving lower Friday morning, declining 0.29% to 2,030.17 on the S&P Asia 50 ADR Index, which is down nearly 3% for the week.

From North Asia, the gainers were led by video-based social media platform JOYY ( YY ) and pet-focused platform Boqii ( BQ ) , which climbed 8.8% and 7.8% respectively. They were followed by mobile big data platform Aurora Mobile ( JG ) and consumer lending firm Qudian ( QD ) , which rose 5.7% and 5.3%. respectively

The decliners from North Asia were led by automotive ecommerce platform Cango ( CANG ) and ad agency iClick Interactive Asia Group ( ICLK ) , which fell 21% and 8.7% respectively. They were followed by computer hardware maker Canaan (CAN) and utilities company Korea Electric Power ( KEP ) , which dropped 3.9% and 2.4% respectively.

From South Asia, the gainers were led by telecommunications operator PLDT ( PHI ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which increased 2% and 1.8% respectively. They were followed by financial services company ICICI Bank ( IBN ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.2% each.

The decliners from South Asia were led by IT firms Infosys ( INFY ) and Wipro ( WIT ) , which lost 3.9% and 1.9% respectively. They were followed by tech conglomerate Sea (SE) and IT firm Sify Technologies ( SIFY ) , which were down 1.5% and 1.2% respectively.