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Asian Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading

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Asian equities traded in the US as American depositary receipts were higher on Tuesday morning, adding 0.9% to 2,938.12 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by private education company New Oriental Education & Tech (EDU) and financial services company Mitsubishi UFJ Financial Group (MUFG), which advanced 3.6% and 3.5%, respectively.

They were followed by solar module manufacturer JinkoSolar (JKS) and semiconductor company United Microelectronics (UMC), which climbed 2.2% and 1.2%, respectively.

The decliners from North Asia were led by semiconductor services company ChipMOS Technologies (IMOS) and tech company Baidu (BIDU), which dropped 6.8% and 5%, respectively.

They were followed by tech and gaming firm NetEase (NTES) and semiconductor maker Himax (HIMX), which shed 2.3% and 1%, respectively.

From South Asia, the gainers were led by telecom PLDT (PHI) and online travel agency Trip.com (TCOM), which rose 0.8% and 0.2%, respectively.

The decliners from South Asia were led by tech company Infosys (INFY), which fell 3.2%, followed by bank HDFC (HDB), which was down 1.3%.

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Update: US Equity Indexes Slump, Crude Oil Soars as Trump Plans to Reinstate Iran Blockade, Impose 20% Toll on Hormuz Cargo

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Update: US Equity Indexes Fall, Crude Oil Surges as Trump Plans to Reinstate Iran Blockade, Proposes 20% Toll on Hormuz Cargo

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Asia Markets

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