Asian ADRs Flat in Monday Trading

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American depository receipts of Asian stocks were relatively flat, edging 0.01% higher at 135.58 on the Bank of New York Mellon Asia ADR Index on Monday.

In North Asia, the gainers were led by China Digital TV Holding ( STV ), which surged 6.2%, followed by SPI Energy, which rose 5.9%. They were followed by AU Optronics ( AUO ), which makes thin film transistor liquid crystal displays, and online game developer Changyou.com ( CYOU ), increased 3.7% and 2.2%, respectively.

The only gainers in South Asia were direct-to-home video provider Videocon d2h ( VDTH ), and Indian automobile manufacturer Tata Motors ( TTM ), which were up 3.9% and 0.1%, respectively.

Indian natural resources company Vedanta (VEDL) led the decliners in South Asia, falling 4%, followed by Indonesian telecommunications company Telekomunikasi Indonesia (TLK), which lost 1.3%. They were followed by Indian IT firm Infosys (INFY) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 1.2% and 0.7%, respectively.

And in North Asia, the decliners were led by Yintech Investment (YIN), an online provider of spot commodity trading services in China, which fell 3.7%, and CNInsure (CISG), a Chinese financial services firm, which lost 3.2%. They were followed by aluminum producer Aluminum Corporation of China (ACH), and independent power producer Huaneng Power International (HNP), which moved 2.8% and 2.7%, respectively.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Stocks
Referenced Symbols: AUO , CYOU , TTM

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