Asian Equities Traded in the US as American Depositary Receipts Down in Friday Trading; Up Over 3% for Week

Asian equities traded in the US as American depositary receipts were higher Thursday morning, rising 0.72% to 2,103.88 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by the pet-focused platform Boqii and internet and data center provider VNET Group , which climbed 19.8% and 11.8% respectively. They were followed by mobile app developer Cheetah Mobile and streaming service iQIYI , which rose 4.4% and 2.6% respectively.

The decliners from North Asia were led by automotive ecommerce platform TuanChe and ecommerce fashion platform MOGU , which fell 9.1% and 8% respectively. They were followed by brand platform Baozun and diagnostic imaging centers company Concord Medical Services , which dropped 9% and 5.9% respectively.

From South Asia, the only gainers were IT firm Sify Technologies and telecommunications operator PLDT , which were up 3% and 1.2% respectively.

The decliners from South Asia were led by tech conglomerate Sea and IT firm Wipro , which lost 1% and 0.4% respectively. They were followed by financial services company HDFC Bank and pharmaceutical company Dr. Reddy's Laboratories , which were off 0.5% and 0.4% respectively.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust slipped 0.02% and the actively traded Invesco QQQ Trust advanced 0.4% in Monday's premarket activity, as investors assessed next year's interest rate outlook after the Fed signaled prolonged higher rates.

US stock futures were also mixed, with S&P 500 Index futures up 0.1%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures gaining 0.4% before the start of regular trading.

November's Chicago Fed National Activity Index will be released at 8:30 am ET, followed by the Conference Board's consumer confidence report for December at 10 am ET.

In premarket action, bitcoin was up by 0.6%, while the cryptocurrency fund ProShares Bitcoin Strategy ETF was down by 4.8%.

Power Play:

Consumer

The Consumer Staples Select Sector SPDR Fund was down 0.1%, while the Vanguard Consumer Staples Fund was 1.2% lower. The iShares US Consumer Staples ETF was inactive, and the Consumer Discretionary Select Sector SPDR Fund gained 0.4%. The VanEck Retail ETF and the SPDR S&P Retail ETF were inactive.

Honda Motor shares were up more than 14% pre-bell after the company and Nissan Motor said they had signed a memorandum of understanding to discuss the possibility of a merger and create a joint holding company.

Winners and Losers:

Technology

Technology Select Sector SPDR Fund gained 0.5%, and the iShares US Technology ETF was 0.3% higher, while the iShares Expanded Tech Sector ETF was up 0.5%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF was inactive, while the iShares Semiconductor ETF rose by 1.2%.

Xerox Holdings shares were up 5.6% in recent Monday premarket activity after the company said that it has agreed to acquire Lexmark International from Ninestar, PAG Asia Capital, and Shanghai Shouda Investment Center for $1.5 billion, including assumed liabilities.

Health Care

The Health Care Select Sector SPDR Fund advanced 0.2%. The Vanguard Health Care Index Fund was down 0.7% while the iShares US Healthcare ETF was inactive. The iShares Biotechnology ETF was inactive.

Zomedica stock was down 3.4% premarket after the company said that it has launched two new canine assays for its Truforma in-clinic biosensor testing platform.

Financial

Financial Select Sector SPDR Fund retreated 0.1%. Direxion Daily Financial Bull 3X Shares was down 0.6%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares was 0.5% higher.

National Health Investors shares were down 1.1% pre-bell Monday after Truist lowered the company's price target to $72 from $78.

Industrial

Industrial Select Sector SPDR Fund advanced 0.1%, the Vanguard Industrials Index Fund gained 0.2%, while the iShares US Industrials ETF (IYJ) was inactive.

Laser Photonics stock was up nearly 1% before the opening bell after the company said it received an order for its handheld continuous wave fiber laser machine for surface preparation from the Cooper Nuclear Station in Nebraska, US.

Energy

The iShares US Energy ETF gained 0.2%, while the Energy Select Sector SPDR Fund was up by 0.1%.

Vermilion Energy stock was up nearly 1% before Monday's opening bell after the company said it has agreed to acquire Westbrick Energy for $1.08 billion in cash.

Commodities

Front-month US West Texas Intermediate crude oil retreated 0.3% to $69.28 per barrel on the New York Mercantile Exchange. Natural gas gained 2.1% to $3.83 per 1 million British Thermal Units. United States Oil Fund declined by 0.6%, while the United States Natural Gas Fund rose by 0.8%.

Gold futures for February were down 0.6% to $2,629 an ounce on the Comex, while silver futures gained 0.7% at $30.16 an ounce. SPDR Gold Shares retreated 0.4%, while the iShares Silver Trust was 0.2% higher.

Asian equities traded in the US as American depositary receipts were moving lower Friday morning, declining 0.29% to 2,030.17 on the S&P Asia 50 ADR Index, which is down nearly 3% for the week.

From North Asia, the gainers were led by video-based social media platform JOYY and pet-focused platform Boqii , which climbed 8.8% and 7.8% respectively. They were followed by mobile big data platform Aurora Mobile and consumer lending firm Qudian , which rose 5.7% and 5.3%. respectively

The decliners from North Asia were led by automotive ecommerce platform Cango and ad agency iClick Interactive Asia Group , which fell 21% and 8.7% respectively. They were followed by computer hardware maker Canaan and utilities company Korea Electric Power , which dropped 3.9% and 2.4% respectively.

From South Asia, the gainers were led by telecommunications operator PLDT and pharmaceutical company Dr. Reddy's Laboratories , which increased 2% and 1.8% respectively. They were followed by financial services company ICICI Bank and telecommunications operator Telekomunikasi Indonesia , which were up 0.2% each.

The decliners from South Asia were led by IT firms Infosys and Wipro , which lost 3.9% and 1.9% respectively. They were followed by tech conglomerate Sea and IT firm Sify Technologies , which were down 1.5% and 1.2% respectively.

Asian equities traded in the US as American depositary receipts were moving higher Wednesday morning, rising 0.54% to 2,093.72 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive ecommerce platform Cango and ad agency iClick Interactive Asia Group , which advanced 24% and 6.7%, respectively. They were followed by semiconductor company Himax Technologies and pet-focused platform Boqii , which climbed 6.6% and 5.3%, respectively.

The decliners from North Asia were led by used car ecommerce platform Uxin (UXIN) and online brokerage UP Fintech (TIGR), which fell 4.2% and 3.6%, respectively. They were followed by automaker Honda Motor (HMC) and video-based social media platform JOYY (YY), which dropped 3% and 2.6%, respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories , which rose 2.2%, followed by IT firms Wipro and Infosys , which were up 1.1% and 0.4% respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia and financial services company ICICI Bank , which lost 2% and 1.4%, respectively. They were followed by tech conglomerate Sea and IT firm Sify Technologies , which were down 1.2% and 0.9%, respectively.

Asian equities traded in the US as American depositary receipts were trending lower Tuesday morning, declining 0.68% to 2,071.68 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by media company Phoenix New Media and video-sharing platform Bilibili , which rose 6.8% and 5.2%, respectively. They were followed by travel company Tuniu and internet and data center services provider VNET Group , which were up 4% and 3.8%, respectively.

The decliners from North Asia were led by mobile app developer Cheetah Mobile and ecommerce brand platform Baozun , which fell 13% and 11%, respectively. They were followed by online education platform 51Talk Online Education Group and healthcare platform 111 , which dropped 6.1% and 5.9% ,respectively.

From South Asia, the lone gainer was telecommunications operator Telekomunikasi Indonesia , which was up 0.2%.

The decliners from South Asia were led by financial services company HDFC Bank and telecommunications operator PLDT , which lost 1.9% and 1.5%, respectively. They were followed by financial services company ICICI Bank and pharmaceutical company Dr. Reddy's Laboratories , which were down 1.4% and 1.3%, respectively.

Asian equities traded in the US as American depositary receipts were lower Thursday morning, declining 0.27% to 2,103.22 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies and automotive ecommerce platform TuanChe , which climbed 20% and 6.4% respectively. They were followed by education company 17 Education & Technology Group and healthcare platform 111 , which increased 5.3% and 5% respectively.

The decliners from North Asia were led by brand platform 36Kr K and diagnostic imaging company Concord Medical Services , which dropped 8.9% and 8.2% respectively. They were followed by online education platform 51Talk Online Education Group and pet-focused platform Boqii , which lost 8.1% and 3% respectively.

From South Asia, the gainers were led by IT firm Wipro and tech conglomerate Sea , which rose 0.7% each. They were followed by pharmaceutical company Dr. Reddy's Laboratories , which was up 0.4%.

The decliners from South Asia were led by telecommunications operators Telekomunikasi Indonesia and PLDT , which fell 1.9% and 1.3% respectively. They were followed by IT firm Sify Technologies and financial services company HDFC Bank , which were off 0.9% and 0.8% respectively.