Asian Equities Traded in the US as American Depositary Receipts Softer in Friday Trading
Asian equities traded in the US as American depositary receipts were lower on Friday morning, decreasing 0.3% to 2,764.75 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by video streaming company IQIYI (IQ) and carmaker Honda (HMC), which advanced 4.6% and 2.9% respectively.They were followed by hotel management company H World (HTHT), which advanced 1.6%.The decliners from North Asia were led by semiconductor companies Himax Technologies (HIMX) and ASE Technology (ASX), which fell 5% and 4% respectively.They were followed by financial company Futu (FUTU), which was down 1.9%.From South Asia, the gainers were led by pharmaceutical company Dr Reddy's Laboratories (RDY) and technology company Infosys (INFY), which rose 2.1% and 1.1% respectively.The decliners from South Asia were led by computer hardware manufacturer Canaan (CAN), which fell 2.5%.
