Asian Equities Traded in the US as American Depositary Receipts Edge Higher Friday
8 maj, 16:45
10:45 AM EDT, 05/08/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were edging higher Friday morning, rising 0.13% to 2,875.05 on the S&P Asia 50 ADR Index, which is up about 2.5% for the week so far.
From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX) and automotive marketplace Token Cat (TC), which surged 19% and 16% respectively. They were followed by online game developer Gravity (GRVY) and fashion platform MOGU (MOGU), which climbed up 6.9% and 6.3% respectively.
The decliners from North Asia were led by biopharmaceutical company Zai Lab (ZLAB), which fell 3.2%. It was followed by casino and resort operator Melco Resorts &Entertainment (MLCO) and Concord Medical Services (CCM), which were down 2.4% and 2.1% respectively.
From South Asia, the gainers included IT firm Sify Technologies (SIFY) and Telekomunikasi Indonesia (TLK), which rose 2.4% and 0.8% respectively.
The decliners from South Asia were led by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which fell 4% and 2.6% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender ICICI Bank (IBN), which lost 1% and 0.7% respectively.
Asian Equities Traded in the US as American Depositary Receipts Edge Higher Friday
8 maj, 16:45
10:45 AM EDT, 05/08/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were edging higher Friday morning, rising 0.13% to 2,875.05 on the S&P Asia 50 ADR Index, which is up about 2.5% for the week so far.
From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX) and automotive marketplace Token Cat (TC), which surged 19% and 16% respectively. They were followed by online game developer Gravity (GRVY) and fashion platform MOGU (MOGU), which climbed up 6.9% and 6.3% respectively.
The decliners from North Asia were led by biopharmaceutical company Zai Lab (ZLAB), which fell 3.2%. It was followed by casino and resort operator Melco Resorts &Entertainment (MLCO) and Concord Medical Services (CCM), which were down 2.4% and 2.1% respectively.
From South Asia, the gainers included IT firm Sify Technologies (SIFY) and Telekomunikasi Indonesia (TLK), which rose 2.4% and 0.8% respectively.
The decliners from South Asia were led by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which fell 4% and 2.6% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender ICICI Bank (IBN), which lost 1% and 0.7% respectively.
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