10:46 AM EDT, 04/18/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending lower Thursday morning, declining 0.2% to 1,812.18 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile app developer Cheetah Mobile (CMCM) and consumer lending firm Dunxin Financial (DXF), which climbed 18% and 11% respectively. They were followed by pet-focused platform Boqii (BQ) and mobile healthcare platform 111 (YI), which rose 3.6% and 1% respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and diagnostic imaging centers company Concord Medical Services (CCM), which fell 11.7% and 7.9% respectively. They were followed by property technology company Fangdd Network Group (DUO) and travel company Tuniu (TOUR), which dropped 4.5% and 2.1% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and biotech firm ASLAN Pharmaceuticals (ASLN), which increased 3% and 1.8% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Sify Technologies (SIFY), which were up 1.1% and 1.6% respectively.

The decliners from South Asia were led by IT firms Infosys (INFY) and Wipro (WIT), which lost 1.6% and 1% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and business process management company WNS (WNS), which were off 0.3% and 0.4% respectively.

http://www.mtnewswires.com
Copyright © 2024 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.