
Asian Equities Traded in the US as American Depositary Receipts Surge in Monday Trading

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Asian equities traded in the US saw a significant rise in American depositary receipts, with the S&P Asia 50 ADR Index increasing by 2.43% to 2,622.72. Notable gainers included NIO (+6.6%), Nomura (+4.8%), and J and Friends (+4.4%). Decliners from North Asia included 51Talk (-6.6%) and MOGU (-5.7%). In South Asia, Sify Technologies (+4%) and PLDT (+2.9%) led the gains, while HDFC Bank and Dr. Reddy's Laboratories both fell by 0.5%.

