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Asian Equities Traded in the US as American Depositary Receipts Decline in Friday Trading

Asian Equities Traded in the US as American Depositary Receipts Decline in Friday Trading
Asian equities traded in the US as American depositary receipts were trending lower Friday morning, declining 0.9% to 1,925.57 on the S&P Asia 50 ADR Index. The index is on track to close out the week approximately 0.3% lower. From North Asia, the gainers were led by brand platform 36Kr NASDAQ:KRKR…

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Asian equities traded in the US as American depositary receipts saw a decline in Friday morning trading. The S&P Asia 50 ADR Index dropped 0.9% to 1,925.57 and is expected to close the week 0.3% lower. In North Asia, 36Kr and TuanChe KRKR surged, while Fangdd Network Group and Korea Electric Power DUO fell. In South Asia, Telekomunikasi Indonesia and Sify Technologies TLKM saw gains, while PLDT and Infosys DTEL declined. Overall, the market showed mixed results for Asian equities in US trading.

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