Correction: Asian ADRs Move Lower in Tuesday Trading

Last Updated: Thursday, November 4, 2021 11:02 AM | MT Newswires

(Corrects to delete Atai Life Sciences (ATAI) as stock is not an Asian ADR.)

American depositary receipts of Asian stocks were trading 1.01% lower at 1,980.65 on the S&P/BNY Mellon Asia 50 ADR Index on Tuesday.

In North Asia, the gainers were led by wealth management firm Puyi Inc. (PUYI) which rose 5.1%. They were followed by marketing technology platform iClick Interactive Asia Group Limited (ICLK) and power management component company O2Micro International Limited (OIIM), which were up 3% and 1.8%.

The decliners in North Asia were led by educational services provider Four Seasons Education (FEDU) and video-based social media platform JOYY Inc. (YY), which fell 10% and 6.9% respectively. They were followed by polysilicon manufacturer Daqo New Energy Corp. (DQ) and real estate services firm Leju Holdings Limited (LEJU), which lost 6.7% and 4.5%.

In South Asia, the gainers were led by digital entertainment firm Sea Limited (SE) and mining company Vedanta Limited (VEDL), which rose 1.3% each. They were followed by IT companies Wipro Limited (WIT) and Infosys Limited (INFY), which were up 0.7% and 0.4% respectively.

The decliners in South Asia were led by automaker Tata Motors Limited (TTM) and biotech firm ASLAN Pharmaceuticals Limited (ASLN), which fell 4.6% and 2.4% respectively. They were followed by IT company Sify Technologies Limited (SIFY) and telecommunications operator PLDT Inc. (PHI), which were off 1.7% and 0.9%.

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