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Asian Equities Traded in the US as American Depositary Receipts Edge Up Monday

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Asian equities traded in the US as American depositary receipts opened the week slightly higher Monday morning, rising 0.11% to 2,914.33 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile big data platform Aurora Mobile (JG) and semiconductor company Silicon Motion Technology (SIMO), which climbed 11% and 7.4% respectively. They were followed by semiconductor company ASE Technology (ASX) and online game developer Gravity (GRVY), which advanced 6.5% and 5.5% respectively.

The decliners from North Asia were led by 17 Education & Technology Group (YQ) and LG Display (LPL), which fell 6% and 5.6% respectively. They were followed by fintech firm J and Friends (JF) and Eason Technology (DXF), which were down 4.6% and 4.4% respectively.

From South Asia, the gainers were led by Canaan (CAN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 7.6% and 5.1% respectively. They were followed by IT firm Infosys (INFY) and ICICI Bank (IBN), which were up 4.2% and 1.9% respectively.

The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and IT firm Wipro (WIT), which dropped 11% and 6.5% respectively. They were followed by Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which lost 3.4% and 1.3% respectively.

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