10:32 AM EST, 02/12/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts kicked off the week on a positive note Monday, rising 0.53% to 1,842.09 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by computer hardware maker Canaan (CAN), solar project developer Emeren Group (SOL), and diagnostic imaging centers company Concord Medical Services (CCM), which climbed 12% each. They were followed by financial product recommendation platform Jianpu Technology (JT), which rose 8.1%.

The decliners from North Asia were led by online luxury retailer Secoo (SECO) and fintech firm AMTD Digital (HKD), which fell 14% and 2.5%, respectively. They were followed by online game developer Gravity (GRVY) and biotech firm Zai Lab (ZLAB), which were down 1.1% and 0.8%, respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which were up 1.9% and 1.8%, respectively. They were followed by tech conglomerate Sea (SE) and IT firm Sify Technologies (SIFY), which were up 1.5% and 0.8% respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals (ASLN) and telecommunications operator PLDT (PHI), which lost 2.5% and 1.7%, respectively. They were followed by financial services companies HDFC Bank (HDB) and ICICI Bank (IBN), which were down 1.1% and 1%, respectively.

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