Asian ADRs Move Higher in Monday Trading

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American depositary receipts of Asian stocks were trading 0.73% lower at 171.09 on the Bank of New York Mellon Asia ADR Index on Monday.

In North Asia, the gainers were led by IT company ChinaCache ( CCIH ), and online game publisher The9 ( NCTY ), which climbed 1.8% and 5.1% respectively. They were followed by consumer lending company Hexindai ( HX ), and oil company China National Offshore Oil ( CEO ), which rose 0.5% and 1.4%, respectively.

The decliners in North Asia were led by online retailer LightInTheBox ( LITB ), and Aurora Mobile (JG), a data collecting and analytics platform, which tumbled 12.8% and 11.7% respectively. They were followed by video-sharing service Bilibili (BILI), and online consumer finance marketplace PPDAI (PPDF), which fell 7.4% and 9.3%.

In South Asia, the gainers were led by IT companies Infosys (INFY) and SIFY Technologies (SIFY), which rose 1% and 0.2% respectively. They were followed by telecommunications provider PLDT (PHI), and WNS Holdings (WNS), a provider of business process management services, which were up 0.5% and 0.2%.

Automaker Tata Motors (TTM) led the decliners in South Asia, falling 4.6%, followed by ICICI Bank (IBN), HDFC Bank (HDB), and mining company Vedanta (VEDL), which lost 3%, 2.6%, and 1.8% 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: CCIH , NCTY , HX , CEO , LITB

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