Markets

Asian ADRs Edge Higher in Monday Trading

Headlines that say Stocks, Finance, Markets, Business and World.
Credit: Shutterstock photo

American depository receipts of Asian stocks were trading 0.09% higher at 147.93 on the Bank of New York Mellon Asia ADR Index on Monday.

In North Asia, the gainers were led by ATA ( ATAI ), a provider of computer-based testing services in China, and educational services provider Hailiang Education ( HLG ), which surged 7.7% and 6.3% respectively. They were followed by commercial wheel manufacturer China Zenix Auto International ( ZX ), up 4.9%, and healthcare group Hutchison China Meditech ( HCM ), up 4.3%.

The decliners in North Asia were led by internet service provider Internet Initiative Japan ( IIJI ), and social networking platform Renren (RENN), which fell 6.4% and 3.5% respectively. They were followed by coal producer Yanzhou Coal Mining (YZC), and financial services company Orix (IX), each of which was down 2.6%.

In South Asia, the gainers were led by IT services firm SIFY Technologies (SIFY), and Indonesian telecommunications company Telekomunikasi Indonesia (TLK), which rose 2.2% and 1.9% respectively. They were followed by PLDT (PHI), a telecommunications service provider in the Philippines, and automaker Tata Motors (TTM), each of which increased 1.5%.

Pharmaceutical company Dr. Reddy's Laboratories (RDY) led the decliners in South Asia, falling 1%, followed by WNS Holdings (WNS), a provider of business process management services, and IT company Infosys (INFY), which were down 0.3% and 0.1% respectively.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


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

In This Story

HLG HCM AACG

Other Topics

Stocks

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More