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Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading
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Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading
Jan 17, 2025 8:32 AM

11:03 AM EST, 01/17/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were higher on Friday morning, up 0.7% to 2,095.16 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by apartment rental platform XChange (XHG) and computer hardware manufacturer Canaan (CAN), which advanced 19% and 11%, respectively.

They were followed by fintech Futu ( FUTU ) and e-commerce company JD.com ( JD ) , which climbed about 8% each.

The decliners from North Asia were led by power charger supplier XCHG ( XCH ) and renewable energy technology company Graphex ( GRFX ) , which fell 8.3% and 6.2%, respectively.

From South Asia, the gainers were led by tech companies Wipro ( WIT ) and Sea (SE), which rose 4.7% and 2.5%, respectively.

The decliners from South Asia were led by tech companies Infosys ( INFY ) , which fell 5.8% and Sify ( SIFY ) , which retreated 4.7%.

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