Asian equities traded in the US as American depositary receipts opened the week higher Monday morning, rising 0.45% to 2,647.83 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by education company 17 Education & Technology Group (YQ) and semiconductor company Himax Technologies (HIMX), which advanced 5.2% and 3.8% respectively. They were followed by e-commerce company Baozun (BZUN) and healthcare platform 111 (YI), which were up 3.6% and 3.1% respectively.
The decliners from North Asia were led by brand platform 36Kr (KRKR) and display panel manufacturer LG Display (LPL), which fell 7.7% and 4.5% respectively. They were followed by fintech firm J and Friends (JF) and online video streaming platform iQIYI (IQ), which were down 2.9% each.
From South Asia, the gainers were led by lenders HDFC Bank (HDB) and ICICI Bank (IBN), which advanced 2.6% and 1.4% respectively. They were followed by tech conglomerate Sea (SE) and IT firm Wipro (WIT), which advanced 1.2% and 0.7% respectively.
The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Sify Technologies (SIFY), which lost 1.1% and 0.5% respectively. They were followed by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which were off 0.4% and 0.2 respectively.
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