American depositary receipts of Asian stocks were trading 0.15% higher at 191.02 on the Bank of New York Mellon Asia ADR Index on Thursday.
In North Asia, the gainers were led by Secoo ( SECO ), an online integrated platform company, which soared 42.3%, followed by Korean steel company Ossen Innovation ( OSN ), which climbed 4.7%. Car rental company eHi Car Services ( EHIC ), and Aluminum Corporation of China ( ACH ) rose 2.8% and 2.6% respectively.
The decliners in North Asia were led by educational services provider China Distance Education ( DL ), and railroad operator Guangshen Railway (GSH), which fell 4.8% and 3.1% respectively. They were followed by JMU Limited (JMU), an online platform providing B2B services to the food industry, and telecommunications service provider KT (KT), which lost 2.6% and 2.5%.
In South Asia, the gainers were led by SIFY Technologies (SIFY), and digital entertainment company Sea Limited (SE), which rose 2.3% and 1.4% respectively. They were followed by IT company Infosys (INFY), and automaker Tata Motors (TTM), which were up 0.9% and 0.8%.
IT services firm Wipro (WIT) led the decliners in South Asia, falling 1.6%, followed by telecommunications provider PLDT (PHI), and ICICI Bank (IBN), which were off 1% and 0.6% 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.