DR Market News Briefs

Asian ADRs Move Higher in Monday Trading


Last updated: 05/03/2021 10:32:28

10:32 AM EDT, 05/03/2021 (MT Newswires) --

In North Asia, the gainers were led by used car ecommerce platform Uxin Ltd. (UXIN) and power management components maker O2Micro International Ltd. (OIIM), which climbed 13% and 4.7%, respectively. They were followed by

Video-sharing service iQIY (IQ) and So-Young International (SY), an online marketplace for plastic surgery, which increased 2.7% and 1.3%, respectively.

The decliners in North Asia were led by video game publisher The9 Ltd. (NCTY) and online brokerage UP Fintech Holding Ltd. (TIGR), which fell 5.5% and 4.4%, respectively. They were followed by semiconductor companies United Microelectronics (UMC) and Silicon Motion Technology (SIMO), which lost 3.8% and 3.2%, respectively.

In South Asia, the gainers were led by mining company Vedanta Ltd. (VEDL) and automaker Tata Motors Ltd. (TTM), which rose 2% and 1.9%, respectively. They were followed by biotech firm ASLAN Pharmaceuticals Ltd. (ASLN) and digital entertainment company Sea Ltd. (SE), which were each up 1.6%.

The only decliners in South Asia were telecommunications operator PLDT (PHI) and business process management services provider WNS Holdings (WNS), which were down 0.2% and 0.1%, respectively.

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